Bristlecone Value Partners LLC bought a new position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 88,768 shares of the company’s stock, valued at approximately $2,010,000. Capital Group Core Plus Income ETF accounts for 2.3% of Bristlecone Value Partners LLC’s portfolio, making the stock its 13th largest holding.
A number of other institutional investors have also recently bought and sold shares of CGCP. Integrated Wealth Concepts LLC grew its holdings in Capital Group Core Plus Income ETF by 63.4% during the 1st quarter. Integrated Wealth Concepts LLC now owns 14,920 shares of the company’s stock worth $335,000 after acquiring an additional 5,790 shares during the period. Goldman Sachs Group Inc. acquired a new stake in Capital Group Core Plus Income ETF during the 1st quarter worth $2,904,000. Focus Partners Wealth acquired a new stake in Capital Group Core Plus Income ETF during the 1st quarter worth $313,000. JPMorgan Chase & Co. grew its holdings in Capital Group Core Plus Income ETF by 25.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 57,428 shares of the company’s stock worth $1,292,000 after acquiring an additional 11,516 shares during the period. Finally, NewEdge Advisors LLC grew its holdings in Capital Group Core Plus Income ETF by 79.1% during the 2nd quarter. NewEdge Advisors LLC now owns 177,883 shares of the company’s stock worth $4,002,000 after acquiring an additional 78,553 shares during the period.
Capital Group Core Plus Income ETF Stock Performance
CGCP opened at $22.34 on Friday. The company has a fifty day moving average price of $22.37 and a two-hundred day moving average price of $22.56. Capital Group Core Plus Income ETF has a 52 week low of $22.02 and a 52 week high of $23.00. The firm has a market capitalization of $7.57 billion, a PE ratio of 10.69 and a beta of 0.32.
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.
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