Capital Group Core Plus Income ETF $CGCP Shares Sold by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC reduced its position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 27.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 123,230 shares of the company’s stock after selling 45,590 shares during the period. Kingsview Wealth Management LLC’s holdings in Capital Group Core Plus Income ETF were worth $2,790,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Capital International Investors increased its stake in shares of Capital Group Core Plus Income ETF by 23.5% in the third quarter. Capital International Investors now owns 33,082,005 shares of the company’s stock worth $751,623,000 after buying an additional 6,290,122 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Capital Group Core Plus Income ETF by 18.7% in the third quarter. Envestnet Asset Management Inc. now owns 9,025,453 shares of the company’s stock worth $205,058,000 after buying an additional 1,423,949 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of Capital Group Core Plus Income ETF by 17.2% in the third quarter. Raymond James Financial Inc. now owns 5,396,909 shares of the company’s stock worth $122,618,000 after buying an additional 790,814 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Capital Group Core Plus Income ETF by 5.3% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 5,243,014 shares of the company’s stock worth $119,121,000 after buying an additional 263,219 shares during the last quarter. Finally, UBS Group AG increased its stake in shares of Capital Group Core Plus Income ETF by 10.8% in the fourth quarter. UBS Group AG now owns 4,726,088 shares of the company’s stock worth $106,999,000 after buying an additional 459,555 shares during the last quarter.

Capital Group Core Plus Income ETF Trading Down 0.3%

Shares of NYSEARCA:CGCP opened at $22.33 on Friday. The company has a fifty day simple moving average of $22.38 and a 200 day simple moving average of $22.59. The firm has a market cap of $7.56 billion, a PE ratio of 10.69 and a beta of 0.33. Capital Group Core Plus Income ETF has a 12-month low of $22.02 and a 12-month high of $23.00.

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.