Sovran Advisors LLC increased its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP – Free Report) by 5.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 628,910 shares of the company’s stock after acquiring an additional 33,457 shares during the period. Capital Group Core Plus Income ETF comprises about 1.1% of Sovran Advisors LLC’s holdings, making the stock its 15th largest holding. Sovran Advisors LLC owned approximately 0.19% of Capital Group Core Plus Income ETF worth $14,050,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors also recently bought and sold shares of CGCP. Integrated Wealth Concepts LLC lifted its position in Capital Group Core Plus Income ETF by 63.4% in the first quarter. Integrated Wealth Concepts LLC now owns 14,920 shares of the company’s stock valued at $335,000 after purchasing an additional 5,790 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in shares of Capital Group Core Plus Income ETF in the first quarter worth approximately $2,904,000. Focus Partners Wealth bought a new position in shares of Capital Group Core Plus Income ETF in the first quarter worth approximately $313,000. JPMorgan Chase & Co. grew its holdings in shares of Capital Group Core Plus Income ETF by 25.1% in the second quarter. JPMorgan Chase & Co. now owns 57,428 shares of the company’s stock worth $1,292,000 after purchasing an additional 11,516 shares during the last quarter. Finally, NewEdge Advisors LLC increased its stake in shares of Capital Group Core Plus Income ETF by 79.1% in the second quarter. NewEdge Advisors LLC now owns 177,883 shares of the company’s stock worth $4,002,000 after buying an additional 78,553 shares during the period.
Capital Group Core Plus Income ETF Stock Performance
NYSEARCA:CGCP traded down $0.03 during midday trading on Friday, reaching $22.17. 1,023,439 shares of the stock traded hands, compared to its average volume of 1,619,349. The company has a fifty day moving average of $22.30 and a 200 day moving average of $22.50. Capital Group Core Plus Income ETF has a 12 month low of $22.02 and a 12 month high of $23.00. The stock has a market capitalization of $8.35 billion, a P/E 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.
Further Reading
- Five stocks we like better than Capital Group Core Plus Income ETF
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
Receive News & Ratings for Capital Group Core Plus Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group Core Plus Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
-limited-logo-1200x675.png){kind=logo}
