&PARTNERS Buys 1,017,548 Shares of Capital Group Core Plus Income ETF $CGCP

&PARTNERS increased its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 31.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,297,725 shares of the company’s stock after purchasing an additional 1,017,548 shares during the quarter. Capital Group Core Plus Income ETF makes up approximately 0.5% of &PARTNERS’s portfolio, making the stock its 28th biggest holding. &PARTNERS’s holdings in Capital Group Core Plus Income ETF were worth $97,391,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of CGCP. Capital International Investors lifted its position in shares of Capital Group Core Plus Income ETF by 24.7% during the 4th quarter. Capital International Investors now owns 41,266,604 shares of the company’s stock valued at $934,276,000 after buying an additional 8,184,599 shares during the last quarter. LPL Financial LLC boosted its position in Capital Group Core Plus Income ETF by 25.1% during the fourth quarter. LPL Financial LLC now owns 23,722,685 shares of the company’s stock worth $537,082,000 after purchasing an additional 4,757,976 shares during the period. Morgan Stanley boosted its position in Capital Group Core Plus Income ETF by 14.2% during the fourth quarter. Morgan Stanley now owns 18,386,647 shares of the company’s stock worth $416,274,000 after purchasing an additional 2,287,585 shares during the period. Wells Fargo & Company MN increased its stake in shares of Capital Group Core Plus Income ETF by 14.3% in the fourth quarter. Wells Fargo & Company MN now owns 14,897,308 shares of the company’s stock worth $337,275,000 after purchasing an additional 1,861,484 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of Capital Group Core Plus Income ETF by 9.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,749,143 shares of the company’s stock worth $130,161,000 after purchasing an additional 506,129 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Up 0.2%

NYSEARCA CGCP opened at $22.39 on Wednesday. The firm has a market cap of $7.58 billion, a P/E ratio of 10.69 and a beta of 0.32. The company’s 50 day moving average is $22.37 and its 200-day moving average is $22.55. Capital Group Core Plus Income ETF has a 12-month low of $22.02 and a 12-month high of $23.00.

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.