Advisory Alpha LLC Sells 109,058 Shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Advisory Alpha LLC lessened its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 60.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 71,921 shares of the company’s stock after selling 109,058 shares during the quarter. Advisory Alpha LLC’s holdings in Capital Group Core Plus Income ETF were worth $1,598,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. ICA Group Wealth Management LLC raised its holdings in shares of Capital Group Core Plus Income ETF by 160,000.0% in the 2nd quarter. ICA Group Wealth Management LLC now owns 1,601 shares of the company’s stock worth $36,000 after purchasing an additional 1,600 shares during the period. Olistico Wealth LLC bought a new stake in Capital Group Core Plus Income ETF during the 2nd quarter valued at $43,000. Magnolia Capital Advisors LLC bought a new stake in Capital Group Core Plus Income ETF during the 2nd quarter valued at $63,000. Financial Perspectives Inc raised its holdings in Capital Group Core Plus Income ETF by 28.8% during the 1st quarter. Financial Perspectives Inc now owns 5,571 shares of the company’s stock valued at $125,000 after acquiring an additional 1,247 shares during the period. Finally, Carson Advisory Inc. bought a new stake in Capital Group Core Plus Income ETF during the 1st quarter valued at $204,000.

Capital Group Core Plus Income ETF Price Performance

Shares of CGCP stock opened at $23.17 on Wednesday. The company’s fifty day simple moving average is $22.97 and its two-hundred day simple moving average is $22.52. Capital Group Core Plus Income ETF has a 1 year low of $20.99 and a 1 year high of $23.39.

Capital Group Core Plus Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 27th were issued a $0.0828 dividend. The ex-dividend date of this dividend was Friday, September 27th.

About Capital Group Core Plus Income ETF

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.