Clearwave Capital LLC acquired a new stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP – Free Report) during the fourth quarter, Holdings Channel reports. The fund acquired 29,192 shares of the company’s stock, valued at approximately $661,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fifth Third Bancorp purchased a new position in shares of Capital Group Core Plus Income ETF in the third quarter worth about $32,000. Central Pacific Bank Trust Division purchased a new stake in shares of Capital Group Core Plus Income ETF in the fourth quarter valued at approximately $35,000. US Bancorp DE purchased a new stake in shares of Capital Group Core Plus Income ETF in the third quarter valued at approximately $41,000. Clearstead Advisors LLC acquired a new stake in shares of Capital Group Core Plus Income ETF in the fourth quarter valued at approximately $58,000. Finally, Godfrey Financial Associates Inc. acquired a new stake in shares of Capital Group Core Plus Income ETF in the fourth quarter valued at approximately $65,000.
Capital Group Core Plus Income ETF Stock Performance
Shares of Capital Group Core Plus Income ETF stock opened at $22.34 on Friday. Capital Group Core Plus Income ETF has a one year low of $22.02 and a one year high of $23.00. The company has a market cap of $7.57 billion, a price-to-earnings ratio of 10.69 and a beta of 0.32. The business’s 50 day moving average price is $22.37 and its 200 day moving average price is $22.55.
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.
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Want to see what other hedge funds are holding CGCP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Core Plus Income ETF (NYSEARCA:CGCP – Free Report).
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