Capital Group Core Plus Income ETF $CGCP Holdings Cut by Ruggaard & Associates LLC

Ruggaard & Associates LLC trimmed its position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 8.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 624,738 shares of the company’s stock after selling 58,993 shares during the period. Capital Group Core Plus Income ETF accounts for 5.6% of Ruggaard & Associates LLC’s investment portfolio, making the stock its 4th biggest position. Ruggaard & Associates LLC owned about 0.21% of Capital Group Core Plus Income ETF worth $14,144,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in CGCP. Axxcess Wealth Management LLC bought a new position in shares of Capital Group Core Plus Income ETF in the fourth quarter worth $359,000. Summit Global Investments boosted its stake in Capital Group Core Plus Income ETF by 11.6% during the fourth quarter. Summit Global Investments now owns 17,861 shares of the company’s stock valued at $404,000 after buying an additional 1,863 shares during the period. Raymond James Financial Inc. grew its position in Capital Group Core Plus Income ETF by 13.2% during the fourth quarter. Raymond James Financial Inc. now owns 6,108,791 shares of the company’s stock worth $138,303,000 after buying an additional 711,882 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in Capital Group Core Plus Income ETF during the fourth quarter worth about $13,592,000. Finally, Troutman Wealth Management LLC bought a new position in Capital Group Core Plus Income ETF in the 4th quarter worth about $17,064,000.

Capital Group Core Plus Income ETF Stock Up 0.2%

NYSEARCA:CGCP opened at $22.34 on Friday. The stock has a market cap of $7.57 billion, a P/E ratio of 10.69 and a beta of 0.32. The business’s 50-day moving average price is $22.37 and its two-hundred day moving average price is $22.55. Capital Group Core Plus Income ETF has a twelve month low of $22.02 and a twelve month high of $23.00.

About Capital Group Core Plus Income ETF

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.