Compton Financial Group LLC Boosts Holdings in Capital Group Core Plus Income ETF $CGCP

Compton Financial Group LLC lifted its position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 1,876.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 436,438 shares of the company’s stock after buying an additional 414,361 shares during the period. Capital Group Core Plus Income ETF makes up approximately 2.2% of Compton Financial Group LLC’s portfolio, making the stock its 12th largest position. Compton Financial Group LLC’s holdings in Capital Group Core Plus Income ETF were worth $9,750,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Diversify Advisory Services LLC acquired a new stake in shares of Capital Group Core Plus Income ETF during the fourth quarter worth about $667,000. Affiance Financial LLC boosted its stake in shares of Capital Group Core Plus Income ETF by 27.6% in the fourth quarter. Affiance Financial LLC now owns 245,357 shares of the company’s stock valued at $5,555,000 after purchasing an additional 53,114 shares during the period. ProCore Advisors LLC acquired a new position in shares of Capital Group Core Plus Income ETF in the fourth quarter valued at approximately $1,633,000. Citigroup Inc. acquired a new position in shares of Capital Group Core Plus Income ETF in the third quarter valued at approximately $2,183,000. Finally, Private Advisor Group LLC increased its stake in Capital Group Core Plus Income ETF by 12.9% during the 3rd quarter. Private Advisor Group LLC now owns 445,422 shares of the company’s stock worth $10,120,000 after buying an additional 50,779 shares during the period.

Capital Group Core Plus Income ETF Price Performance

Shares of CGCP opened at $22.29 on Monday. The company has a market cap of $8.32 billion, a P/E ratio of 10.69 and a beta of 0.32. Capital Group Core Plus Income ETF has a fifty-two week low of $22.02 and a fifty-two week high of $23.00. The firm’s 50 day moving average price is $22.33 and its 200 day moving average price is $22.52.

About Capital Group Core Plus Income ETF

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.