Capital Group Core Plus Income ETF $CGCP Shares Sold by Harbour Investments Inc.

Harbour Investments Inc. lowered its position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 7.8% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,967,746 shares of the company’s stock after selling 166,653 shares during the period. Capital Group Core Plus Income ETF makes up about 1.1% of Harbour Investments Inc.’s investment portfolio, making the stock its 13th biggest position. Harbour Investments Inc.’s holdings in Capital Group Core Plus Income ETF were worth $44,274,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Capital Group Core Plus Income ETF by 1.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,553,363 shares of the company’s stock worth $34,873,000 after acquiring an additional 16,132 shares during the period. Farther Finance Advisors LLC purchased a new stake in Capital Group Core Plus Income ETF in the 2nd quarter valued at approximately $450,000. ORG Partners LLC lifted its stake in Capital Group Core Plus Income ETF by 491.7% in the 2nd quarter. ORG Partners LLC now owns 13,118 shares of the company’s stock valued at $295,000 after buying an additional 10,901 shares in the last quarter. Johnson Bixby & Associates LLC lifted its stake in Capital Group Core Plus Income ETF by 1.7% in the 2nd quarter. Johnson Bixby & Associates LLC now owns 5,631,675 shares of the company’s stock valued at $126,713,000 after buying an additional 94,691 shares in the last quarter. Finally, Jane Street Group LLC lifted its stake in Capital Group Core Plus Income ETF by 87.7% in the 1st quarter. Jane Street Group LLC now owns 521,993 shares of the company’s stock valued at $11,719,000 after buying an additional 243,963 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Performance

CGCP stock opened at $22.86 on Wednesday. Capital Group Core Plus Income ETF has a 1 year low of $21.74 and a 1 year high of $23.00. The stock’s 50 day moving average price is $22.72 and its 200 day moving average price is $22.43. The firm has a market cap of $5.96 billion, a P/E ratio of 10.69 and a beta of 0.39.

Capital Group Core Plus Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 29th were paid a dividend of $0.0901 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Monday, September 29th.

Capital Group Core Plus Income ETF Company Profile

The Capital Group Core Plus Income ETF (CGCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in bonds and other debt securities issued by corporate and government entities from around the globe, with no limitations regarding credit ratings and maturities.