Capital International Investors raised its position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP – Free Report) by 24.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 41,266,604 shares of the company’s stock after buying an additional 8,184,599 shares during the period. Capital International Investors owned 0.14% of Capital Group Core Plus Income ETF worth $934,276,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fifth Third Bancorp purchased a new stake in Capital Group Core Plus Income ETF in the 3rd quarter valued at about $32,000. Central Pacific Bank Trust Division purchased a new stake in Capital Group Core Plus Income ETF in the 4th quarter valued at about $35,000. US Bancorp DE purchased a new stake in Capital Group Core Plus Income ETF in the 3rd quarter valued at about $41,000. Clearstead Advisors LLC purchased a new stake in Capital Group Core Plus Income ETF in the 4th quarter valued at about $58,000. Finally, Godfrey Financial Associates Inc. purchased a new stake in Capital Group Core Plus Income ETF in the 4th quarter valued at about $65,000.
Capital Group Core Plus Income ETF Stock Performance
NYSEARCA:CGCP opened at $22.21 on Monday. The firm has a market cap of $7.52 billion, a price-to-earnings ratio of 10.69 and a beta of 0.32. 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 50-day moving average price of $22.38 and a two-hundred day moving average price of $22.58.
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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