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

BlackDiamond Wealth Management LLC trimmed its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 1.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm 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 about 1.1% of BlackDiamond Wealth Management LLC’s investment portfolio, making the stock its 27th biggest holding. BlackDiamond Wealth Management LLC owned about 0.09% of Capital Group Core Plus Income ETF worth $1,971,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of CGCP. Blue Trust Inc. purchased a new stake in shares of Capital Group Core Plus Income ETF in the 4th quarter worth about $31,000. Creative Financial Designs Inc. ADV lifted its position in Capital Group Core Plus Income ETF by 44.1% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,556 shares of the company’s stock valued at $57,000 after acquiring an additional 782 shares during the period. Financial Perspectives Inc lifted its position in Capital Group Core Plus Income ETF by 24.3% during the 4th quarter. Financial Perspectives Inc now owns 6,925 shares of the company’s stock valued at $154,000 after acquiring an additional 1,354 shares during the period. Synergy Investment Management LLC purchased a new position in Capital Group Core Plus Income ETF during the 4th quarter valued at about $155,000. Finally, IFP Advisors Inc lifted its position in Capital Group Core Plus Income ETF by 22.1% during the 4th quarter. IFP Advisors Inc now owns 7,081 shares of the company’s stock valued at $157,000 after acquiring an additional 1,280 shares during the period.

Capital Group Core Plus Income ETF Price Performance

Shares of NYSEARCA CGCP opened at $22.47 on Tuesday. Capital Group Core Plus Income ETF has a 1 year low of $21.82 and a 1 year high of $23.34. The stock has a market cap of $4.57 billion, a P/E ratio of 10.91 and a beta of 0.38. The firm has a 50-day moving average of $22.35 and a 200 day moving average of $22.57.

Capital Group Core Plus Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, February 3rd. Investors 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.

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.