43,659 Capital Group Core Plus Income ETF $CGCP Shares Sold by Quantum Financial Partners LLC

Quantum Financial Partners LLC lessened its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 14.5% during the third quarter, HoldingsChannel reports. The fund owned 256,533 shares of the company’s stock after selling 43,659 shares during the quarter. Capital Group Core Plus Income ETF accounts for about 2.8% of Quantum Financial Partners LLC’s investment portfolio, making the stock its 11th biggest holding. Quantum Financial Partners LLC’s holdings in Capital Group Core Plus Income ETF were worth $5,431,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. CX Institutional bought a new position in Capital Group Core Plus Income ETF in the 2nd quarter valued at about $35,000. Bessemer Group Inc. acquired a new position in Capital Group Core Plus Income ETF during the 1st quarter valued at about $45,000. Trust Co. of Vermont bought a new stake in Capital Group Core Plus Income ETF during the 2nd quarter worth approximately $110,000. CENTRAL TRUST Co increased its holdings in Capital Group Core Plus Income ETF by 967.6% during the 1st quarter. CENTRAL TRUST Co now owns 5,434 shares of the company’s stock worth $121,000 after purchasing an additional 4,925 shares in the last quarter. Finally, Breakwater Capital Group increased its holdings in Capital Group Core Plus Income ETF by 7.2% during the 2nd quarter. Breakwater Capital Group now owns 9,936 shares of the company’s stock worth $221,000 after purchasing an additional 671 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Performance

Shares of Capital Group Core Plus Income ETF stock traded down $0.07 on Monday, hitting $21.34. The company had a trading volume of 908,127 shares, compared to its average volume of 1,718,273. The stock has a market capitalization of $8.40 billion, a price-to-earnings ratio of 10.69 and a beta of 0.32. Capital Group Core Plus Income ETF has a 1 year low of $21.08 and a 1 year high of $23.00. The stock has a 50 day moving average of $21.68 and a 200-day moving average of $22.08.

Capital Group Core Plus Income ETF Increases Dividend

The business also recently announced 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. The ex-dividend date of this dividend was Tuesday, September 29th. This is a positive change from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.0868. This represents a $1.11 annualized dividend and a dividend 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.