Stadion Money Management LLC Sells 144,746 Shares of Capital Group Core Plus Income ETF $CGCP

Stadion Money Management LLC trimmed its position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 19.0% in the fourth quarter, Holdings Channel reports. The fund owned 615,253 shares of the company’s stock after selling 144,746 shares during the quarter. Capital Group Core Plus Income ETF accounts for 1.1% of Stadion Money Management LLC’s portfolio, making the stock its 20th largest holding. Stadion Money Management LLC’s holdings in Capital Group Core Plus Income ETF were worth $13,929,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of CGCP. Integrated Wealth Concepts LLC lifted its stake in shares of Capital Group Core Plus Income ETF by 63.4% in the 1st quarter. Integrated Wealth Concepts LLC now owns 14,920 shares of the company’s stock valued at $335,000 after acquiring an additional 5,790 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in shares of Capital Group Core Plus Income ETF in the 1st quarter valued at $2,904,000. Focus Partners Wealth bought a new position in shares of Capital Group Core Plus Income ETF in the 1st quarter valued at $313,000. JPMorgan Chase & Co. lifted its stake in shares of Capital Group Core Plus Income ETF by 25.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 57,428 shares of the company’s stock valued at $1,292,000 after acquiring an additional 11,516 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its stake in shares of Capital Group Core Plus Income ETF by 79.1% in the 2nd quarter. NewEdge Advisors LLC now owns 177,883 shares of the company’s stock valued at $4,002,000 after acquiring an additional 78,553 shares during the last quarter.

Capital Group Core Plus Income ETF Stock Performance

Shares of CGCP opened at $22.39 on Wednesday. The stock has a market capitalization of $7.58 billion, a price-to-earnings ratio of 10.69 and a beta of 0.32. Capital Group Core Plus Income ETF has a 52 week low of $22.02 and a 52 week high of $23.00. The stock has a fifty day moving average of $22.37 and a 200-day moving average of $22.55.

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.