Strategic Family Wealth Counselors L.L.C. Trims Stock Position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Strategic Family Wealth Counselors L.L.C. trimmed its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 45.9% in the 4th quarter, HoldingsChannel reports. The fund owned 57,048 shares of the company’s stock after selling 48,397 shares during the quarter. Strategic Family Wealth Counselors L.L.C.’s holdings in Capital Group Core Plus Income ETF were worth $1,266,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. LPL Financial LLC grew its holdings in shares of Capital Group Core Plus Income ETF by 69.4% during the 3rd quarter. LPL Financial LLC now owns 5,490,411 shares of the company’s stock worth $126,938,000 after purchasing an additional 2,249,990 shares during the period. Johnson Bixby & Associates LLC lifted its position in Capital Group Core Plus Income ETF by 8.3% in the fourth quarter. Johnson Bixby & Associates LLC now owns 4,402,179 shares of the company’s stock valued at $97,728,000 after buying an additional 337,128 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Capital Group Core Plus Income ETF during the fourth quarter worth about $93,450,000. Souders Financial Advisors increased its position in shares of Capital Group Core Plus Income ETF by 7.7% during the fourth quarter. Souders Financial Advisors now owns 2,496,188 shares of the company’s stock valued at $55,415,000 after acquiring an additional 177,997 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in shares of Capital Group Core Plus Income ETF by 22.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 2,415,020 shares of the company’s stock valued at $53,613,000 after acquiring an additional 444,281 shares during the period.

Capital Group Core Plus Income ETF Stock Performance

Shares of CGCP stock opened at $22.53 on Friday. Capital Group Core Plus Income ETF has a one year low of $21.82 and a one year high of $23.34. The firm’s 50 day moving average price is $22.30 and its 200-day moving average price is $22.60. The firm has a market cap of $4.46 billion, a P/E ratio of 16.73 and a beta of 0.38.

Capital Group Core Plus Income ETF Cuts Dividend

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