Capital Group Core Plus Income ETF $CGCP Shares Bought by NewEdge Advisors LLC

NewEdge Advisors LLC raised its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 11.3% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 400,168 shares of the company’s stock after purchasing an additional 40,468 shares during the quarter. NewEdge Advisors LLC owned 0.12% of Capital Group Core Plus Income ETF worth $8,940,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of CGCP. US Bancorp DE purchased a new position in shares of Capital Group Core Plus Income ETF during the 3rd quarter worth approximately $41,000. Bessemer Group Inc. purchased a new stake in Capital Group Core Plus Income ETF in the first quarter valued at approximately $45,000. Clearstead Advisors LLC purchased a new stake in Capital Group Core Plus Income ETF in the fourth quarter valued at approximately $58,000. Godfrey Financial Associates Inc. acquired a new position in Capital Group Core Plus Income ETF during the fourth quarter worth $65,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in Capital Group Core Plus Income ETF during the fourth quarter worth $84,000.

Capital Group Core Plus Income ETF Price Performance

CGCP opened at $22.04 on Monday. Capital Group Core Plus Income ETF has a 52 week low of $21.87 and a 52 week high of $23.00. The business has a fifty day simple moving average of $22.20 and a 200-day simple moving average of $22.42. The firm has a market cap of $8.44 billion, a P/E 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.