Stonebridge Financial Group LLC raised its holdings in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP – Free Report) by 3.5% in the second quarter, Holdings Channel.com reports. The firm owned 2,134,998 shares of the company’s stock after buying an additional 71,581 shares during the period. Capital Group Core Plus Income ETF comprises 3.6% of Stonebridge Financial Group LLC’s portfolio, making the stock its 3rd largest holding. Stonebridge Financial Group LLC’s holdings in Capital Group Core Plus Income ETF were worth $47,589,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Capital International Investors raised its position in shares of 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 purchasing an additional 8,184,599 shares in the last quarter. LPL Financial LLC increased 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 buying an additional 4,757,976 shares during the last quarter. WNY Asset Management LLC acquired a new stake in Capital Group Core Plus Income ETF in the first quarter valued at $94,023,000. Morgan Stanley raised its holdings in 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 valued at $416,274,000 after acquiring an additional 2,287,585 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its stake in Capital Group Core Plus Income ETF by 14.3% during the 4th quarter. Wells Fargo & Company MN now owns 14,897,308 shares of the company’s stock valued at $337,275,000 after acquiring an additional 1,861,484 shares during the last quarter.
Capital Group Core Plus Income ETF Price Performance
Shares of CGCP stock opened at $21.95 on Tuesday. The firm has a market cap of $8.40 billion, a P/E ratio of 10.69 and a beta of 0.32. Capital Group Core Plus Income ETF has a 1-year low of $21.87 and a 1-year high of $23.00. The firm has a fifty day moving average of $22.23 and a two-hundred day moving average of $22.43.
Capital Group Core Plus Income ETF Profile
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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