Capital Group Core Plus Income ETF (NYSEARCA:CGCP) Shares Sold by Truist Financial Corp

Truist Financial Corp reduced its holdings in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 23.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,980 shares of the company’s stock after selling 36,223 shares during the period. Truist Financial Corp owned approximately 0.12% of Capital Group Core Plus Income ETF worth $2,575,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of CGCP. Blue Trust Inc. purchased a new position in shares of Capital Group Core Plus Income ETF in the fourth quarter worth about $31,000. Creative Financial Designs Inc. ADV raised its stake in shares of Capital Group Core Plus Income ETF by 49.8% in the third quarter. Creative Financial Designs Inc. ADV now owns 1,774 shares of the company’s stock worth $41,000 after purchasing an additional 590 shares during the last quarter. Transcendent Capital Group LLC purchased a new position in shares of Capital Group Core Plus Income ETF in the third quarter worth about $53,000. Private Trust Co. NA raised its stake in shares of Capital Group Core Plus Income ETF by 151.8% in the third quarter. Private Trust Co. NA now owns 9,064 shares of the company’s stock worth $210,000 after purchasing an additional 5,465 shares during the last quarter. Finally, Seamount Financial Group Inc. purchased a new position in shares of Capital Group Core Plus Income ETF in the fourth quarter worth about $215,000.

Capital Group Core Plus Income ETF Stock Performance

Shares of NYSEARCA:CGCP opened at $22.60 on Wednesday. Capital Group Core Plus Income ETF has a 52-week low of $21.82 and a 52-week high of $23.34. The business has a 50-day moving average price of $22.25 and a 200-day moving average price of $22.61.

Capital Group Core Plus Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 31st were issued 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.