Advisortrust Partners LLC Buys Shares of 69,868 Capital Group Core Plus Income ETF $CGCP

Advisortrust Partners LLC purchased a new stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 69,868 shares of the company’s stock, valued at approximately $1,582,000. Capital Group Core Plus Income ETF makes up approximately 0.7% of Advisortrust Partners LLC’s portfolio, making the stock its 27th largest position.

A number of other hedge funds have also modified their holdings of CGCP. Fifth Third Bancorp purchased a new stake in shares of Capital Group Core Plus Income ETF during the 3rd quarter worth about $32,000. Central Pacific Bank Trust Division acquired a new position in Capital Group Core Plus Income ETF in the fourth quarter worth approximately $35,000. US Bancorp DE bought a new position in Capital Group Core Plus Income ETF during the third quarter valued at approximately $41,000. Clearstead Advisors LLC bought a new position in Capital Group Core Plus Income ETF during the fourth quarter valued at approximately $58,000. Finally, Godfrey Financial Associates Inc. bought a new position in Capital Group Core Plus Income ETF during the fourth quarter valued at approximately $65,000.

Capital Group Core Plus Income ETF Price Performance

NYSEARCA CGCP opened at $22.34 on Friday. The stock has a market capitalization of $7.57 billion, a PE ratio of 10.69 and a beta of 0.32. Capital Group Core Plus Income ETF has a 12-month low of $22.02 and a 12-month high of $23.00. The company has a 50 day moving average price of $22.37 and a two-hundred day moving average price of $22.55.

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.