Fifth Third Bancorp boosted its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP – Free Report) by 12,137.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 174,146 shares of the company’s stock after buying an additional 172,723 shares during the quarter. Fifth Third Bancorp’s holdings in Capital Group Core Plus Income ETF were worth $3,890,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the company. Central Pacific Bank Trust Division purchased a new position 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 during the third quarter worth approximately $41,000. Clearstead Advisors LLC acquired a new position in Capital Group Core Plus Income ETF in the 4th quarter valued at $58,000. Godfrey Financial Associates Inc. acquired a new position in Capital Group Core Plus Income ETF in the 4th quarter valued at $65,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in Capital Group Core Plus Income ETF in the 4th quarter valued at $84,000.
Capital Group Core Plus Income ETF Stock Performance
Shares of CGCP stock opened at $22.20 on Friday. 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 stock’s fifty day moving average is $22.28 and its two-hundred day moving average is $22.49. The firm has a market capitalization of $8.41 billion, a P/E ratio of 10.69 and a beta of 0.32.
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.
See Also
- Five stocks we like better than Capital Group Core Plus Income ETF
- Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop
- Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs?
- The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story
- Why Intuitive Surgical’s Strong Quarter Still Spooked Investors
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).
Receive News & Ratings for Capital Group Core Plus Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group Core Plus Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
