Capital Group Core Plus Income ETF $CGCP Shares Acquired by Private Advisor Group LLC

Private Advisor Group LLC lifted its holdings in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 9.1% in the first quarter, Holdings Channel.com reports. The institutional investor owned 590,466 shares of the company’s stock after purchasing an additional 49,295 shares during the quarter. Private Advisor Group LLC’s holdings in Capital Group Core Plus Income ETF were worth $13,191,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Central Pacific Bank Trust Division bought a new position in Capital Group Core Plus Income ETF in the fourth quarter worth about $35,000. US Bancorp DE acquired a new position in Capital Group Core Plus Income ETF in the third quarter valued at approximately $41,000. Clearstead Advisors LLC bought a new position in shares of Capital Group Core Plus Income ETF during the fourth quarter valued at approximately $58,000. Godfrey Financial Associates Inc. bought a new position in shares of Capital Group Core Plus Income ETF during the fourth quarter valued at approximately $65,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Capital Group Core Plus Income ETF during the 4th quarter worth approximately $84,000.

Capital Group Core Plus Income ETF Stock Performance

Shares of NYSEARCA CGCP opened at $22.29 on Friday. The company has a market cap of $8.32 billion, a price-to-earnings ratio of 10.69 and a beta of 0.32. Capital Group Core Plus Income ETF has a 12-month low of $22.02 and a 12-month high of $23.00. The stock’s 50 day simple moving average is $22.33 and its 200 day simple moving average is $22.52.

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.