Northwestern Mutual Wealth Management Co. Boosts Position in Capital Group Core Plus Income ETF $CGCP

Northwestern Mutual Wealth Management Co. raised its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 10.9% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,605,576 shares of the company’s stock after acquiring an additional 453,513 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 2.19% of Capital Group Core Plus Income ETF worth $103,395,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CGCP. Wealth Enhancement Advisory Services LLC boosted its holdings in Capital Group Core Plus Income ETF by 1.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,553,363 shares of the company’s stock valued at $34,873,000 after purchasing an additional 16,132 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Capital Group Core Plus Income ETF by 2.2% during the fourth quarter. JPMorgan Chase & Co. now owns 45,104 shares of the company’s stock valued at $1,001,000 after buying an additional 965 shares in the last quarter. NBC Securities Inc. raised its stake in Capital Group Core Plus Income ETF by 10,241.2% during the first quarter. NBC Securities Inc. now owns 1,758 shares of the company’s stock valued at $39,000 after buying an additional 1,741 shares in the last quarter. WNY Asset Management LLC raised its stake in Capital Group Core Plus Income ETF by 0.4% during the fourth quarter. WNY Asset Management LLC now owns 3,835,572 shares of the company’s stock valued at $85,150,000 after buying an additional 15,900 shares in the last quarter. Finally, Flynn Zito Capital Management LLC raised its stake in Capital Group Core Plus Income ETF by 731.6% during the first quarter. Flynn Zito Capital Management LLC now owns 251,203 shares of the company’s stock valued at $5,640,000 after buying an additional 220,997 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Up 0.6%

Shares of NYSEARCA CGCP opened at $22.65 on Friday. The stock’s 50 day moving average price is $22.46 and its two-hundred day moving average price is $22.35. Capital Group Core Plus Income ETF has a 52-week low of $21.74 and a 52-week high of $23.34. The stock has a market capitalization of $5.33 billion, a P/E ratio of 10.69 and a beta of 0.39.

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.