Johnson Bixby & Associates LLC Sells 107,805 Shares of Capital Group Core Plus Income ETF $CGCP

Johnson Bixby & Associates LLC lessened its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 12.2% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 775,621 shares of the company’s stock after selling 107,805 shares during the period. Capital Group Core Plus Income ETF makes up approximately 2.1% of Johnson Bixby & Associates LLC’s portfolio, making the stock its 15th biggest holding. Johnson Bixby & Associates LLC’s holdings in Capital Group Core Plus Income ETF were worth $17,327,000 at the end of the most recent quarter.

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

Capital Group Core Plus Income ETF Price Performance

Shares of Capital Group Core Plus Income ETF stock opened at $22.34 on Monday. Capital Group Core Plus Income ETF has a 1 year low of $22.02 and a 1 year high of $23.00. The firm has a market cap of $7.57 billion, a PE ratio of 10.69 and a beta of 0.32. The stock has a fifty day moving average price of $22.37 and a 200-day moving average price of $22.55.

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.