Capital Analysts LLC Raises Position in Capital Group Core Plus Income ETF $CGCP

Capital Analysts LLC boosted its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 40.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 163,078 shares of the company’s stock after buying an additional 46,924 shares during the period. Capital Analysts LLC’s holdings in Capital Group Core Plus Income ETF were worth $3,692,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Capital International Investors lifted its holdings in Capital Group Core Plus Income ETF by 24.7% in the fourth quarter. Capital International Investors now owns 41,266,604 shares of the company’s stock worth $934,276,000 after buying an additional 8,184,599 shares during the period. LPL Financial LLC lifted its holdings in shares of 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 valued at $537,082,000 after purchasing an additional 4,757,976 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Capital Group Core Plus Income ETF by 9.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,749,143 shares of the company’s stock valued at $130,161,000 after purchasing an additional 506,129 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Capital Group Core Plus Income ETF by 17.2% during the third quarter. Raymond James Financial Inc. now owns 5,396,909 shares of the company’s stock valued at $122,618,000 after purchasing an additional 790,814 shares during the last quarter. Finally, UBS Group AG lifted its holdings in shares of Capital Group Core Plus Income ETF by 10.8% during the fourth quarter. UBS Group AG now owns 4,726,088 shares of the company’s stock valued at $106,999,000 after purchasing an additional 459,555 shares during the last quarter.

Capital Group Core Plus Income ETF Stock Performance

CGCP stock opened at $22.23 on Thursday. The firm has a 50 day moving average price of $22.37 and a 200-day moving average price of $22.57. 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 market capitalization of $7.53 billion, a price-to-earnings ratio of 10.69 and a beta of 0.32.

Capital Group Core Plus Income ETF Company 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.