Capital Group Core Plus Income ETF $CGCP Stock Sold by Aprio Wealth Management LLC

Aprio Wealth Management LLC trimmed its holdings in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 8.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 760,605 shares of the company’s stock after selling 69,756 shares during the period. Aprio Wealth Management LLC’s holdings in Capital Group Core Plus Income ETF were worth $16,102,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in CGCP. Modera Wealth Management LLC purchased a new stake in Capital Group Core Plus Income ETF in the third quarter valued at $3,919,000. International Assets Investment Management LLC purchased a new position in shares of Capital Group Core Plus Income ETF during the third quarter worth about $451,000. Blueprint Investment Partners LLC grew its holdings in shares of Capital Group Core Plus Income ETF by 10.7% during the third quarter. Blueprint Investment Partners LLC now owns 37,809 shares of the company’s stock worth $800,000 after purchasing an additional 3,651 shares during the last quarter. Blueprint Financial Advisors LLC increased its position in shares of Capital Group Core Plus Income ETF by 10.7% during the third quarter. Blueprint Financial Advisors LLC now owns 37,809 shares of the company’s stock worth $800,000 after purchasing an additional 3,651 shares in the last quarter. Finally, D.A. Davidson & CO. acquired a new stake in shares of Capital Group Core Plus Income ETF during the third quarter worth about $23,316,000.

Capital Group Core Plus Income ETF Stock Down 0.1%

Shares of NYSEARCA CGCP opened at $21.57 on Friday. The stock has a market cap of $8.57 billion, a PE ratio of 10.69 and a beta of 0.32. Capital Group Core Plus Income ETF has a 52-week low of $21.08 and a 52-week high of $22.90. The business has a 50-day moving average price of $21.58 and a 200 day moving average price of $22.19.

Capital Group Core Plus Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Friday, October 30th will be issued a $0.0895 dividend. This represents a $1.07 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend is Friday, October 30th. This is a negative change from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.0925.

Capital Group Core Plus Income ETF 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.