Capital Group Core Plus Income ETF (NYSEARCA:CGCP) is Lodestone Wealth Management LLC’s 4th Largest Position

Lodestone Wealth Management LLC raised its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 2.5% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 223,863 shares of the company’s stock after acquiring an additional 5,436 shares during the quarter. Capital Group Core Plus Income ETF makes up 2.7% of Lodestone Wealth Management LLC’s portfolio, making the stock its 4th biggest holding. Lodestone Wealth Management LLC’s holdings in Capital Group Core Plus Income ETF were worth $5,026,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in Capital Group Core Plus Income ETF during the 4th quarter worth about $93,450,000. LPL Financial LLC lifted its holdings in Capital Group Core Plus Income ETF by 55.2% in the 4th quarter. LPL Financial LLC now owns 8,521,216 shares of the company’s stock valued at $189,171,000 after purchasing an additional 3,030,805 shares in the last quarter. Capital International Investors boosted its stake in shares of Capital Group Core Plus Income ETF by 22.9% during the 4th quarter. Capital International Investors now owns 13,561,469 shares of the company’s stock worth $301,065,000 after purchasing an additional 2,522,846 shares during the last quarter. Leigh Baldwin & CO. LLC purchased a new stake in shares of Capital Group Core Plus Income ETF during the fourth quarter worth about $49,606,000. Finally, Wells Fargo & Company MN grew its holdings in shares of Capital Group Core Plus Income ETF by 25.4% during the fourth quarter. Wells Fargo & Company MN now owns 10,414,720 shares of the company’s stock worth $231,207,000 after buying an additional 2,111,261 shares in the last quarter.

Capital Group Core Plus Income ETF Price Performance

NYSEARCA:CGCP opened at $22.50 on Thursday. The firm has a market cap of $5.13 billion, a PE ratio of 10.69 and a beta of 0.35. The firm has a 50 day simple moving average of $22.25 and a 200-day simple moving average of $22.29. Capital Group Core Plus Income ETF has a 1-year low of $21.74 and a 1-year high of $23.34.

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.