Alpha Financial Advisors LLC Trims Stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Alpha Financial Advisors LLC cut its position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 33.2% in the third quarter, HoldingsChannel reports. The firm owned 13,421 shares of the company’s stock after selling 6,681 shares during the period. Alpha Financial Advisors LLC’s holdings in Capital Group Core Plus Income ETF were worth $310,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. ICA Group Wealth Management LLC raised its holdings in shares of Capital Group Core Plus Income ETF by 160,000.0% in the second quarter. ICA Group Wealth Management LLC now owns 1,601 shares of the company’s stock valued at $36,000 after acquiring an additional 1,600 shares in the last quarter. Olistico Wealth LLC purchased a new position in Capital Group Core Plus Income ETF during the 2nd quarter valued at about $43,000. Magnolia Capital Advisors LLC bought a new stake in shares of Capital Group Core Plus Income ETF in the 2nd quarter valued at about $63,000. Financial Perspectives Inc lifted its position in shares of Capital Group Core Plus Income ETF by 28.8% in the 1st quarter. Financial Perspectives Inc now owns 5,571 shares of the company’s stock worth $125,000 after purchasing an additional 1,247 shares during the period. Finally, Hexagon Capital Partners LLC bought a new position in shares of Capital Group Core Plus Income ETF during the third quarter valued at approximately $198,000.

Capital Group Core Plus Income ETF Price Performance

NYSEARCA:CGCP remained flat at $22.80 during trading hours on Friday. 933,494 shares of the company were exchanged, compared to its average volume of 752,702. The firm has a 50 day simple moving average of $23.02 and a 200 day simple moving average of $22.55. Capital Group Core Plus Income ETF has a 52 week low of $20.99 and a 52 week high of $23.39.

Capital Group Core Plus Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 27th were given a dividend of $0.0828 per share. The ex-dividend date was Friday, September 27th.

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.