Evolve Private Wealth LLC Makes New $17.24 Million Investment in Capital Group Core Plus Income ETF $CGCP

Evolve Private Wealth LLC bought a new position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 761,301 shares of the company’s stock, valued at approximately $17,236,000. Capital Group Core Plus Income ETF makes up about 1.0% of Evolve Private Wealth LLC’s holdings, making the stock its 15th biggest holding. Evolve Private Wealth LLC owned 0.25% of Capital Group Core Plus Income ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Fifth Third Bancorp purchased a new stake in shares of Capital Group Core Plus Income ETF during the third quarter valued at approximately $32,000. Central Pacific Bank Trust Division purchased a new position in Capital Group Core Plus Income ETF in the fourth quarter worth $35,000. US Bancorp DE purchased a new position in Capital Group Core Plus Income ETF in the third quarter worth $41,000. Clearstead Advisors LLC bought a new position in Capital Group Core Plus Income ETF in the 4th quarter valued at $58,000. Finally, Godfrey Financial Associates Inc. bought a new position in Capital Group Core Plus Income ETF in the 4th quarter valued at $65,000.

Capital Group Core Plus Income ETF Price Performance

Shares of Capital Group Core Plus Income ETF stock opened at $22.29 on Thursday. The firm has a market cap of $7.55 billion, a PE ratio of 10.69 and a beta of 0.32. Capital Group Core Plus Income ETF has a 1 year low of $22.02 and a 1 year high of $23.00. 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.