Stadion Money Management LLC reduced its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP – Free Report) by 19.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 615,253 shares of the company’s stock after selling 144,746 shares during the period. Capital Group Core Plus Income ETF makes up approximately 1.1% of Stadion Money Management LLC’s investment portfolio, making the stock its 20th biggest position. Stadion Money Management LLC owned about 0.21% of Capital Group Core Plus Income ETF worth $13,929,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Capital International Investors lifted its stake in Capital Group Core Plus Income ETF by 24.7% during the fourth quarter. Capital International Investors now owns 41,266,604 shares of the company’s stock worth $934,276,000 after purchasing an additional 8,184,599 shares during the last quarter. LPL Financial LLC lifted its stake in Capital Group Core Plus Income ETF by 25.1% during the fourth quarter. LPL Financial LLC now owns 23,722,685 shares of the company’s stock worth $537,082,000 after purchasing an additional 4,757,976 shares during the last quarter. Morgan Stanley lifted its stake in Capital Group Core Plus Income ETF by 14.2% during the fourth quarter. Morgan Stanley now owns 18,386,647 shares of the company’s stock worth $416,274,000 after purchasing an additional 2,287,585 shares during the last quarter. Wells Fargo & Company MN lifted its stake in Capital Group Core Plus Income ETF by 14.3% during the fourth quarter. Wells Fargo & Company MN now owns 14,897,308 shares of the company’s stock worth $337,275,000 after purchasing an additional 1,861,484 shares during the last quarter. Finally, &PARTNERS lifted its stake in Capital Group Core Plus Income ETF by 31.0% during the fourth quarter. &PARTNERS now owns 4,297,725 shares of the company’s stock worth $97,391,000 after purchasing an additional 1,017,548 shares during the last quarter.
Capital Group Core Plus Income ETF Price Performance
NYSEARCA CGCP opened at $22.39 on Wednesday. The business has a fifty day moving average price of $22.37 and a two-hundred day moving average price of $22.55. Capital Group Core Plus Income ETF has a fifty-two week low of $22.02 and a fifty-two week high of $23.00. The stock has a market capitalization of $7.58 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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