Private Trust Co. NA Trims Position in Capital Group Core Plus Income ETF $CGCP

Private Trust Co. NA trimmed its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 13.4% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 15,488 shares of the company’s stock after selling 2,401 shares during the period. Private Trust Co. NA’s holdings in Capital Group Core Plus Income ETF were worth $348,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. ORG Partners LLC raised its holdings in shares of Capital Group Core Plus Income ETF by 182.4% in the first quarter. ORG Partners LLC now owns 2,217 shares of the company’s stock valued at $50,000 after buying an additional 1,432 shares during the last quarter. Vermillion & White Wealth Management Group LLC acquired a new position in shares of Capital Group Core Plus Income ETF during the first quarter worth about $53,000. CWM LLC acquired a new position in shares of Capital Group Core Plus Income ETF during the first quarter worth about $84,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Capital Group Core Plus Income ETF by 190.2% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,490 shares of the company’s stock worth $101,000 after acquiring an additional 2,943 shares during the period. Finally, Olistico Wealth LLC increased its stake in shares of Capital Group Core Plus Income ETF by 24.3% during the first quarter. Olistico Wealth LLC now owns 5,346 shares of the company’s stock worth $120,000 after acquiring an additional 1,045 shares during the period.

Capital Group Core Plus Income ETF Stock Up 0.1%

Shares of Capital Group Core Plus Income ETF stock opened at $22.94 on Tuesday. Capital Group Core Plus Income ETF has a 52-week low of $21.74 and a 52-week high of $23.00. The company’s 50-day simple moving average is $22.75 and its 200-day simple moving average is $22.44. The firm has a market cap of $5.88 billion, a price-to-earnings ratio of 10.69 and a beta of 0.39.

Capital Group Core Plus Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Stockholders 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 was Monday, September 29th.

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.