Diversify Wealth Management LLC Increases Stock Holdings in Capital Group Core Plus Income ETF $CGCP

Diversify Wealth Management LLC grew its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 14.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 972,363 shares of the company’s stock after acquiring an additional 125,453 shares during the quarter. Diversify Wealth Management LLC owned about 0.29% of Capital Group Core Plus Income ETF worth $21,791,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in CGCP. Beam Wealth Advisors Inc. grew its stake in Capital Group Core Plus Income ETF by 4.1% during the 4th quarter. Beam Wealth Advisors Inc. now owns 12,134 shares of the company’s stock valued at $275,000 after purchasing an additional 478 shares during the last quarter. Ridgeline Wealth Planning LLC lifted its holdings in shares of Capital Group Core Plus Income ETF by 3.3% in the 4th quarter. Ridgeline Wealth Planning LLC now owns 17,420 shares of the company’s stock valued at $394,000 after buying an additional 555 shares during the period. CWS Financial Advisors LLC raised its position in Capital Group Core Plus Income ETF by 1.7% during the fourth quarter. CWS Financial Advisors LLC now owns 33,753 shares of the company’s stock valued at $764,000 after acquiring an additional 575 shares in the last quarter. Cim LLC grew its stake in shares of Capital Group Core Plus Income ETF by 6.8% during the 3rd quarter. Cim LLC now owns 9,953 shares of the company’s stock worth $226,000 after purchasing an additional 633 shares during the period. Finally, MGO One Seven LLC grew its position in Capital Group Core Plus Income ETF by 5.9% during the fourth quarter. MGO One Seven LLC now owns 11,578 shares of the company’s stock valued at $262,000 after buying an additional 650 shares during the period.

Capital Group Core Plus Income ETF Trading Down 0.1%

CGCP traded down $0.03 during trading on Friday, hitting $22.17. The company’s stock had a trading volume of 1,023,439 shares, compared to its average volume of 1,619,349. The business’s fifty day simple moving average is $22.30 and its 200 day simple moving average is $22.50. Capital Group Core Plus Income ETF has a twelve month low of $22.02 and a twelve month high of $23.00. The firm has a market capitalization of $8.35 billion, a price-to-earnings ratio of 10.69 and a beta of 0.32.

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.