World Investment Advisors Acquires 37,262 Shares of Capital Group Core Plus Income ETF $CGCP

World Investment Advisors lifted its holdings in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 77.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 85,228 shares of the company’s stock after purchasing an additional 37,262 shares during the quarter. World Investment Advisors’ holdings in Capital Group Core Plus Income ETF were worth $1,930,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Capital International Investors raised its stake in Capital Group Core Plus Income ETF by 24.7% in the fourth quarter. Capital International Investors now owns 41,266,604 shares of the company’s stock valued at $934,276,000 after purchasing an additional 8,184,599 shares in the last quarter. LPL Financial LLC grew its stake in Capital Group Core Plus Income ETF by 25.1% in the 4th quarter. LPL Financial LLC now owns 23,722,685 shares of the company’s stock worth $537,082,000 after buying an additional 4,757,976 shares in the last quarter. Morgan Stanley increased its holdings in shares of Capital Group Core Plus Income ETF by 14.2% in the 4th quarter. Morgan Stanley now owns 18,386,647 shares of the company’s stock worth $416,274,000 after buying an additional 2,287,585 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of Capital Group Core Plus Income ETF by 14.3% in the 4th quarter. Wells Fargo & Company MN now owns 14,897,308 shares of the company’s stock worth $337,275,000 after buying an additional 1,861,484 shares during the last quarter. Finally, &PARTNERS raised its position in shares of Capital Group Core Plus Income ETF by 31.0% during the 4th quarter. &PARTNERS now owns 4,297,725 shares of the company’s stock valued at $97,391,000 after buying an additional 1,017,548 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Performance

NYSEARCA CGCP opened at $22.34 on Friday. Capital Group Core Plus Income ETF has a 52-week low of $22.02 and a 52-week high of $23.00. The company has a fifty day moving average of $22.37 and a 200-day moving average of $22.55. The company has a market capitalization of $7.57 billion, a P/E ratio of 10.69 and a beta of 0.32.

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.