Ameritas Advisory Services LLC Decreases Stake in Capital Group Core Plus Income ETF $CGCP

Ameritas Advisory Services LLC lowered its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 33.2% in the second quarter, HoldingsChannel reports. The institutional investor owned 35,690 shares of the company’s stock after selling 17,768 shares during the period. Ameritas Advisory Services LLC’s holdings in Capital Group Core Plus Income ETF were worth $803,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Capital Group Core Plus Income ETF by 1.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,553,363 shares of the company’s stock worth $34,873,000 after buying an additional 16,132 shares during the last quarter. Farther Finance Advisors LLC purchased a new position in shares of Capital Group Core Plus Income ETF during the second quarter worth $450,000. ORG Partners LLC raised its holdings in shares of Capital Group Core Plus Income ETF by 491.7% during the second quarter. ORG Partners LLC now owns 13,118 shares of the company’s stock worth $295,000 after purchasing an additional 10,901 shares during the last quarter. Johnson Bixby & Associates LLC raised its holdings in shares of Capital Group Core Plus Income ETF by 1.7% during the second quarter. Johnson Bixby & Associates LLC now owns 5,631,675 shares of the company’s stock worth $126,713,000 after purchasing an additional 94,691 shares during the last quarter. Finally, NBC Securities Inc. raised its holdings in shares of Capital Group Core Plus Income ETF by 10,241.2% during the first quarter. NBC Securities Inc. now owns 1,758 shares of the company’s stock worth $39,000 after purchasing an additional 1,741 shares during the last quarter.

Capital Group Core Plus Income ETF Price Performance

Shares of Capital Group Core Plus Income ETF stock opened at $22.78 on Monday. The firm has a fifty day moving average price of $22.68 and a 200 day moving average price of $22.42. Capital Group Core Plus Income ETF has a 1 year low of $21.74 and a 1 year high of $23.00. The stock has a market cap of $5.86 billion, a PE ratio of 10.69 and a beta of 0.39.

Capital Group Core Plus Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 29th were issued a dividend of $0.0901 per share. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Monday, September 29th.

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.