Core Wealth Partners LLC Has $6.17 Million Stock Holdings in Capital Group Core Plus Income ETF $CGCP

Core Wealth Partners LLC boosted its position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 11.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 272,517 shares of the company’s stock after acquiring an additional 27,646 shares during the period. Capital Group Core Plus Income ETF comprises approximately 2.8% of Core Wealth Partners LLC’s investment portfolio, making the stock its 5th biggest holding. Core Wealth Partners LLC’s holdings in Capital Group Core Plus Income ETF were worth $6,170,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital International Investors boosted its stake in Capital Group Core Plus Income ETF by 24.7% during the fourth quarter. Capital International Investors now owns 41,266,604 shares of the company’s stock valued at $934,276,000 after buying an additional 8,184,599 shares during the last quarter. LPL Financial LLC boosted its stake in Capital Group Core Plus Income ETF by 25.1% during the fourth quarter. LPL Financial LLC now owns 23,722,685 shares of the company’s stock valued at $537,082,000 after buying an additional 4,757,976 shares during the last quarter. Morgan Stanley boosted its stake in Capital Group Core Plus Income ETF by 14.2% during the fourth quarter. Morgan Stanley now owns 18,386,647 shares of the company’s stock valued at $416,274,000 after buying an additional 2,287,585 shares during the last quarter. Wells Fargo & Company MN boosted its stake in Capital Group Core Plus Income ETF by 14.3% during the fourth quarter. Wells Fargo & Company MN now owns 14,897,308 shares of the company’s stock valued at $337,275,000 after buying an additional 1,861,484 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in Capital Group Core Plus Income ETF by 12.6% during the fourth quarter. Cetera Investment Advisers now owns 6,504,150 shares of the company’s stock valued at $147,254,000 after buying an additional 727,979 shares during the last quarter.

Capital Group Core Plus Income ETF Price Performance

Shares of CGCP stock opened at $22.29 on Thursday. Capital Group Core Plus Income ETF has a 1 year low of $22.02 and a 1 year high of $23.00. The stock’s 50 day simple moving average is $22.37 and its two-hundred day simple moving average is $22.55. The company has a market cap of $7.55 billion, a PE 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.