216,153 Capital Group Core Plus Income ETF $CGCP Shares Sold by Johnson Bixby & Associates LLC

Johnson Bixby & Associates LLC trimmed its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 33.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 421,990 shares of the company’s stock after selling 216,153 shares during the period. Capital Group Core Plus Income ETF accounts for about 1.0% of Johnson Bixby & Associates LLC’s investment portfolio, making the stock its 22nd biggest holding. Johnson Bixby & Associates LLC’s holdings in Capital Group Core Plus Income ETF were worth $8,934,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of CGCP. Envestnet Asset Management Inc. grew its holdings in shares of Capital Group Core Plus Income ETF by 7.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,369,670 shares of the company’s stock worth $275,720,000 after acquiring an additional 884,794 shares during the period. Cetera Investment Advisers lifted its stake in shares of Capital Group Core Plus Income ETF by 12.5% in the 1st quarter. Cetera Investment Advisers now owns 7,319,089 shares of the company’s stock valued at $163,508,000 after purchasing an additional 814,939 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of Capital Group Core Plus Income ETF by 11.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 4,915,821 shares of the company’s stock valued at $109,819,000 after purchasing an additional 520,461 shares during the period. &PARTNERS lifted its stake in shares of Capital Group Core Plus Income ETF by 31.0% in the 4th quarter. &PARTNERS now owns 4,297,725 shares of the company’s stock valued at $97,391,000 after purchasing an additional 1,017,548 shares during the period. Finally, WNY Asset Management LLC bought a new stake in shares of Capital Group Core Plus Income ETF during the first quarter valued at approximately $94,023,000.

Capital Group Core Plus Income ETF Stock Up 0.0%

Shares of CGCP stock opened at $21.32 on Thursday. The business’s fifty day moving average is $21.70 and its 200 day moving average is $22.09. The stock has a market cap of $8.36 billion, a price-to-earnings ratio of 10.69 and a beta of 0.32. Capital Group Core Plus Income ETF has a twelve month low of $21.08 and a twelve month high of $23.00.

Capital Group Core Plus Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were given a dividend of $0.0925 per share. This is an increase from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.0868. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $1.11 dividend on an annualized basis and a yield of 5.2%.

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.