Capital Group Core Plus Income ETF $CGCP Shares Bought by Stonebridge Financial Group LLC

Stonebridge Financial Group LLC lifted its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 3.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,134,998 shares of the company’s stock after acquiring an additional 71,581 shares during the period. Capital Group Core Plus Income ETF accounts for about 3.6% of Stonebridge Financial Group LLC’s investment portfolio, making the stock its 3rd largest position. Stonebridge Financial Group LLC owned 0.57% of Capital Group Core Plus Income ETF worth $47,589,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of CGCP. Capital International Investors raised its holdings in shares of Capital Group Core Plus Income ETF by 24.7% in the 4th quarter. Capital International Investors now owns 41,266,604 shares of the company’s stock worth $934,276,000 after purchasing an additional 8,184,599 shares during the period. LPL Financial LLC lifted its stake in shares of 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 valued at $537,082,000 after purchasing an additional 4,757,976 shares in the last quarter. Morgan Stanley grew its holdings in shares of Capital Group Core Plus Income ETF by 14.2% during the 4th 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 period. Wells Fargo & Company MN grew its holdings in shares of Capital Group Core Plus Income ETF by 14.3% during the 4th 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 period. Finally, Cetera Investment Advisers increased its position in Capital Group Core Plus Income ETF by 12.5% during the 1st quarter. Cetera Investment Advisers now owns 7,319,089 shares of the company’s stock worth $163,508,000 after purchasing an additional 814,939 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Performance

NYSEARCA CGCP opened at $21.95 on Tuesday. Capital Group Core Plus Income ETF has a one year low of $21.87 and a one year high of $23.00. The company’s 50 day moving average price is $22.23 and its 200 day moving average price is $22.43. The firm has a market capitalization of $8.40 billion, a price-to-earnings ratio of 10.69 and a beta of 0.32.

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.