BlackDiamond Wealth Management LLC Cuts Stock Holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

BlackDiamond Wealth Management LLC trimmed its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 1.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 88,762 shares of the company’s stock after selling 1,765 shares during the period. Capital Group Core Plus Income ETF accounts for 1.1% of BlackDiamond Wealth Management LLC’s portfolio, making the stock its 27th largest holding. BlackDiamond Wealth Management LLC’s holdings in Capital Group Core Plus Income ETF were worth $1,971,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of CGCP. Blue Trust Inc. bought a new position in Capital Group Core Plus Income ETF during the fourth quarter valued at $31,000. Creative Financial Designs Inc. ADV lifted its position in Capital Group Core Plus Income ETF by 44.1% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,556 shares of the company’s stock valued at $57,000 after purchasing an additional 782 shares during the last quarter. Financial Perspectives Inc lifted its position in Capital Group Core Plus Income ETF by 24.3% during the fourth quarter. Financial Perspectives Inc now owns 6,925 shares of the company’s stock valued at $154,000 after purchasing an additional 1,354 shares during the last quarter. Synergy Investment Management LLC bought a new position in Capital Group Core Plus Income ETF during the fourth quarter valued at $155,000. Finally, IFP Advisors Inc lifted its position in Capital Group Core Plus Income ETF by 22.1% during the fourth quarter. IFP Advisors Inc now owns 7,081 shares of the company’s stock valued at $157,000 after purchasing an additional 1,280 shares during the last quarter.

Capital Group Core Plus Income ETF Stock Up 0.2 %

CGCP stock opened at $22.47 on Tuesday. Capital Group Core Plus Income ETF has a 52 week low of $21.82 and a 52 week high of $23.34. The company has a fifty day simple moving average of $22.35 and a two-hundred day simple moving average of $22.57. The firm has a market capitalization of $4.57 billion, a P/E ratio of 10.91 and a beta of 0.38.

Capital Group Core Plus Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were given a dividend of $0.0801 per share. The ex-dividend date of this dividend was Friday, January 31st.

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.