NewEdge Advisors LLC lifted its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP – Free Report) by 21.3% in the second quarter, HoldingsChannel reports. The fund owned 485,321 shares of the company’s stock after purchasing an additional 85,153 shares during the quarter. NewEdge Advisors LLC’s holdings in Capital Group Core Plus Income ETF were worth $10,818,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in CGCP. CX Institutional acquired a new position in shares of Capital Group Core Plus Income ETF during the second quarter valued at approximately $35,000. US Bancorp DE bought a new stake in Capital Group Core Plus Income ETF during the third quarter worth approximately $41,000. Bessemer Group Inc. acquired a new stake in Capital Group Core Plus Income ETF in the first quarter worth approximately $45,000. Clearstead Advisors LLC acquired a new stake in Capital Group Core Plus Income ETF in the fourth quarter worth approximately $58,000. Finally, Godfrey Financial Associates Inc. bought a new position in Capital Group Core Plus Income ETF during the 4th quarter valued at $65,000.
Capital Group Core Plus Income ETF Stock Performance
Shares of CGCP stock opened at $21.65 on Friday. Capital Group Core Plus Income ETF has a 1 year low of $21.65 and a 1 year high of $23.00. The stock has a market cap of $8.29 billion, a PE ratio of 10.69 and a beta of 0.32. The business’s fifty day moving average is $22.03 and its 200-day moving average is $22.28.
Capital Group Core Plus Income ETF Increases Dividend
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.
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Want to see what other hedge funds are holding CGCP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Core Plus Income ETF (NYSEARCA:CGCP – Free Report).
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