Private Advisor Group LLC boosted its position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP – Free Report) by 9.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 590,466 shares of the company’s stock after purchasing an additional 49,295 shares during the period. Private Advisor Group LLC owned approximately 0.18% of Capital Group Core Plus Income ETF worth $13,191,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CGCP. Capital International Investors boosted its position in Capital Group Core Plus Income ETF by 24.7% in the 4th quarter. Capital International Investors now owns 41,266,604 shares of the company’s stock valued at $934,276,000 after buying an additional 8,184,599 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Capital Group Core Plus Income ETF by 25.1% in the fourth quarter. LPL Financial LLC now owns 23,722,685 shares of the company’s stock worth $537,082,000 after acquiring an additional 4,757,976 shares in the last quarter. Morgan Stanley lifted its stake in shares of Capital Group Core Plus Income ETF by 14.2% in the fourth quarter. Morgan Stanley now owns 18,386,647 shares of the company’s stock worth $416,274,000 after acquiring an additional 2,287,585 shares in the last quarter. Wells Fargo & Company MN lifted its stake in shares of Capital Group Core Plus Income ETF by 14.3% in the fourth quarter. Wells Fargo & Company MN now owns 14,897,308 shares of the company’s stock worth $337,275,000 after acquiring an additional 1,861,484 shares in the last quarter. Finally, &PARTNERS boosted its holdings in Capital Group Core Plus Income ETF by 31.0% in the fourth quarter. &PARTNERS now owns 4,297,725 shares of the company’s stock valued at $97,391,000 after purchasing an additional 1,017,548 shares during the last quarter.
Capital Group Core Plus Income ETF Price Performance
Shares of NYSEARCA CGCP opened at $22.29 on Friday. 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 business has a 50 day moving average price of $22.33 and a two-hundred day moving average price of $22.52. The firm has a market cap of $8.32 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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