Prospera Financial Services Inc Sells 27,954 Shares of Capital Group Core Plus Income ETF $CGCP

Prospera Financial Services Inc lowered its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 17.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 135,591 shares of the company’s stock after selling 27,954 shares during the quarter. Prospera Financial Services Inc’s holdings in Capital Group Core Plus Income ETF were worth $3,070,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in CGCP. Beam Wealth Advisors Inc. lifted its holdings in shares of Capital Group Core Plus Income ETF by 4.1% during the fourth quarter. Beam Wealth Advisors Inc. now owns 12,134 shares of the company’s stock worth $275,000 after buying an additional 478 shares during the last quarter. Premier Path Wealth Partners LLC lifted its holdings in shares of Capital Group Core Plus Income ETF by 1.0% during the third quarter. Premier Path Wealth Partners LLC now owns 53,614 shares of the company’s stock worth $1,218,000 after buying an additional 554 shares during the last quarter. Ridgeline Wealth Planning LLC lifted its holdings in shares of Capital Group Core Plus Income ETF by 3.3% during the fourth quarter. Ridgeline Wealth Planning LLC now owns 17,420 shares of the company’s stock worth $394,000 after buying an additional 555 shares during the last quarter. CWS Financial Advisors LLC lifted its holdings in shares of Capital Group Core Plus Income ETF by 1.7% during the fourth quarter. CWS Financial Advisors LLC now owns 33,753 shares of the company’s stock worth $764,000 after buying an additional 575 shares during the last quarter. Finally, Cim LLC lifted its holdings in shares of Capital Group Core Plus Income ETF by 6.8% during the third quarter. Cim LLC now owns 9,953 shares of the company’s stock worth $226,000 after buying an additional 633 shares during the last quarter.

Capital Group Core Plus Income ETF Stock Up 0.3%

Shares of CGCP stock opened at $22.34 on Wednesday. Capital Group Core Plus Income ETF has a 12 month low of $22.02 and a 12 month high of $23.00. The firm has a market cap of $7.57 billion, a PE ratio of 10.69 and a beta of 0.33. The stock has a 50 day moving average of $22.39 and a 200-day moving average of $22.60.

Capital Group Core Plus Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were paid a $0.0845 dividend. The ex-dividend date was Friday, February 27th. This is a positive change from Capital Group Core Plus Income ETF’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

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. CGCP was launched on Feb 22, 2022 and is managed by Capital Group.