Capital Group Core Plus Income ETF $CGCP Shares Bought by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC lifted its position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 16.5% during the second quarter, Holdings Channel reports. The firm owned 871,667 shares of the company’s stock after acquiring an additional 123,186 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Capital Group Core Plus Income ETF were worth $19,429,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Diversify Advisory Services LLC purchased a new stake in Capital Group Core Plus Income ETF in the fourth quarter valued at approximately $667,000. Kestra Investment Management LLC raised its position in Capital Group Core Plus Income ETF by 11.0% in the 4th quarter. Kestra Investment Management LLC now owns 1,619,964 shares of the company’s stock valued at $36,676,000 after purchasing an additional 160,802 shares during the last quarter. Harbour Investments Inc. boosted its stake in Capital Group Core Plus Income ETF by 33.8% during the 4th quarter. Harbour Investments Inc. now owns 2,819,563 shares of the company’s stock worth $63,835,000 after purchasing an additional 711,803 shares during the period. Bernardo Wealth Planning LLC grew its position in Capital Group Core Plus Income ETF by 3.0% during the 4th quarter. Bernardo Wealth Planning LLC now owns 1,158,823 shares of the company’s stock worth $26,236,000 after purchasing an additional 33,508 shares during the last quarter. Finally, TrueWealth Financial Partners acquired a new position in Capital Group Core Plus Income ETF in the fourth quarter valued at $1,450,000.

Capital Group Core Plus Income ETF Stock Performance

Shares of NYSEARCA:CGCP opened at $21.98 on Tuesday. The company has a 50-day simple moving average of $22.20 and a 200-day simple moving average of $22.41. Capital Group Core Plus Income ETF has a one year low of $21.87 and a one year high of $23.00. The stock has a market capitalization of $8.42 billion, a price-to-earnings ratio of 10.69 and a beta of 0.32.

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.