Janney Montgomery Scott LLC Raises Stock Holdings in Capital Group Core Plus Income ETF $CGCP

Janney Montgomery Scott LLC grew its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 22.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,395,360 shares of the company’s stock after acquiring an additional 793,942 shares during the quarter. Janney Montgomery Scott LLC owned about 1.47% of Capital Group Core Plus Income ETF worth $99,511,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Diversify Advisory Services LLC bought a new position in Capital Group Core Plus Income ETF in the fourth quarter valued at about $667,000. Affiance Financial LLC grew its stake in shares of Capital Group Core Plus Income ETF by 27.6% during the 4th 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. Citigroup Inc. bought a new stake in shares of Capital Group Core Plus Income ETF during the 3rd quarter valued at about $2,183,000. ProCore Advisors LLC purchased a new stake in shares of Capital Group Core Plus Income ETF during the 4th quarter valued at about $1,633,000. Finally, Stratos Wealth Partners LTD. lifted its stake in shares of Capital Group Core Plus Income ETF by 202.1% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 93,262 shares of the company’s stock worth $2,119,000 after purchasing an additional 62,391 shares during the period.

Capital Group Core Plus Income ETF Trading Down 0.1%

CGCP opened at $22.23 on Thursday. The company has a market cap of $7.53 billion, a price-to-earnings 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 $22.57. 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.