Tradition Wealth Management LLC Sells 4,974 Shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Tradition Wealth Management LLC cut its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 16.5% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 25,150 shares of the company’s stock after selling 4,974 shares during the period. Tradition Wealth Management LLC’s holdings in Capital Group Core Plus Income ETF were worth $581,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of CGCP. LPL Financial LLC grew its position in shares of Capital Group Core Plus Income ETF by 69.4% in the third quarter. LPL Financial LLC now owns 5,490,411 shares of the company’s stock valued at $126,938,000 after purchasing an additional 2,249,990 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Capital Group Core Plus Income ETF by 44.0% during the second quarter. Envestnet Asset Management Inc. now owns 3,210,622 shares of the company’s stock valued at $71,340,000 after buying an additional 981,628 shares during the period. Raymond James & Associates grew its position in Capital Group Core Plus Income ETF by 63.9% during the third quarter. Raymond James & Associates now owns 2,479,858 shares of the company’s stock worth $57,334,000 after buying an additional 967,129 shares in the last quarter. Cetera Investment Advisers increased its stake in Capital Group Core Plus Income ETF by 28.8% in the 2nd quarter. Cetera Investment Advisers now owns 3,285,723 shares of the company’s stock worth $73,009,000 after acquiring an additional 733,795 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of Capital Group Core Plus Income ETF by 38.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 2,620,974 shares of the company’s stock valued at $60,597,000 after acquiring an additional 731,316 shares in the last quarter.

Capital Group Core Plus Income ETF Price Performance

Shares of NYSEARCA CGCP opened at $22.63 on Monday. The business has a 50-day moving average of $22.69 and a 200-day moving average of $22.65. Capital Group Core Plus Income ETF has a 12 month low of $21.82 and a 12 month high of $23.39.

Capital Group Core Plus Income ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 29th will be paid a $0.0859 dividend. The ex-dividend date is Friday, November 29th. This is a boost from Capital Group Core Plus Income ETF’s previous dividend of $0.08.

Capital Group Core Plus Income ETF Company 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.