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

Quantum Financial Partners LLC trimmed its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 14.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 256,533 shares of the company’s stock after selling 43,659 shares during the quarter. Capital Group Core Plus Income ETF comprises about 2.8% of Quantum Financial Partners LLC’s holdings, making the stock its 11th biggest position. Quantum Financial Partners LLC owned 0.07% of Capital Group Core Plus Income ETF worth $5,431,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of CGCP. CX Institutional acquired a new position in shares of Capital Group Core Plus Income ETF during the second quarter valued at about $35,000. Bessemer Group Inc. acquired a new stake in shares of Capital Group Core Plus Income ETF in the 1st quarter valued at about $45,000. Trust Co. of Vermont acquired a new stake in shares of Capital Group Core Plus Income ETF in the 2nd quarter valued at about $110,000. CENTRAL TRUST Co grew its stake in shares of Capital Group Core Plus Income ETF by 967.6% in the 1st quarter. CENTRAL TRUST Co now owns 5,434 shares of the company’s stock valued at $121,000 after buying an additional 4,925 shares during the period. Finally, Breakwater Capital Group increased its position in Capital Group Core Plus Income ETF by 7.2% in the 2nd quarter. Breakwater Capital Group now owns 9,936 shares of the company’s stock valued at $221,000 after buying an additional 671 shares in the last quarter.

Capital Group Core Plus Income ETF Trading Down 0.4%

Capital Group Core Plus Income ETF stock traded down $0.07 during midday trading on Monday, reaching $21.34. The stock had a trading volume of 908,127 shares, compared to its average volume of 1,718,273. The company has a fifty day moving average price of $21.68 and a two-hundred day moving average price of $22.08. Capital Group Core Plus Income ETF has a 12 month low of $21.08 and a 12 month high of $23.00. The company has a market capitalization of $8.40 billion, a P/E ratio of 10.69 and a beta of 0.32.

Capital Group Core Plus Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were given a $0.0925 dividend. This represents a $1.11 annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend was Tuesday, September 29th. This is an increase from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.0868.

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. CGCP was launched on Feb 22, 2022 and is managed by Capital Group.