Capital Group Core Plus Income ETF $CGCP Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC decreased its holdings in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 12.4% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 1,362,975 shares of the company’s stock after selling 193,013 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.53% of Capital Group Core Plus Income ETF worth $31,021,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. MAI Capital Management purchased a new stake in Capital Group Core Plus Income ETF during the 2nd quarter worth approximately $46,000. Olistico Wealth LLC raised its holdings in shares of Capital Group Core Plus Income ETF by 20.5% in the second quarter. Olistico Wealth LLC now owns 6,440 shares of the company’s stock worth $145,000 after buying an additional 1,094 shares during the last quarter. Financial Perspectives Inc lifted its stake in shares of Capital Group Core Plus Income ETF by 10.7% during the second quarter. Financial Perspectives Inc now owns 8,255 shares of the company’s stock worth $186,000 after buying an additional 799 shares during the period. Creative Financial Designs Inc. ADV grew its holdings in shares of Capital Group Core Plus Income ETF by 9.4% during the second quarter. Creative Financial Designs Inc. ADV now owns 8,451 shares of the company’s stock valued at $190,000 after buying an additional 723 shares during the last quarter. Finally, Ameriprise Financial Inc. acquired a new position in shares of Capital Group Core Plus Income ETF in the 2nd quarter valued at $209,000.

Capital Group Core Plus Income ETF Stock Performance

Shares of CGCP opened at $22.65 on Wednesday. Capital Group Core Plus Income ETF has a one year low of $21.74 and a one year high of $23.00. The stock has a 50-day moving average of $22.70 and a two-hundred day moving average of $22.68. The stock has a market cap of $6.62 billion, a P/E ratio of 10.69 and a beta of 0.36.

Capital Group Core Plus Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, December 26th. Stockholders of record on Wednesday, December 24th were given a dividend of $0.1183 per share. This is an increase from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.09. This represents a c) annualized dividend and a dividend yield of 6.3%. The ex-dividend date was Wednesday, December 24th.

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. CGCP was launched on Feb 22, 2022 and is managed by Capital Group.