Northwestern Mutual Wealth Management Co. Purchases 506,129 Shares of Capital Group Core Plus Income ETF $CGCP

Northwestern Mutual Wealth Management Co. increased its position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 9.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,749,143 shares of the company’s stock after purchasing an additional 506,129 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Capital Group Core Plus Income ETF were worth $130,161,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Diversify Advisory Services LLC bought a new stake in shares of Capital Group Core Plus Income ETF during the fourth quarter worth approximately $667,000. Affiance Financial LLC raised its position in shares of Capital Group Core Plus Income ETF by 27.6% during the 4th quarter. Affiance Financial LLC now owns 245,357 shares of the company’s stock valued at $5,555,000 after acquiring an additional 53,114 shares during the last quarter. ProCore Advisors LLC acquired a new position in shares of Capital Group Core Plus Income ETF in the 4th quarter valued at $1,633,000. Citigroup Inc. acquired a new position in shares of Capital Group Core Plus Income ETF in the 3rd quarter valued at $2,183,000. Finally, Stonebridge Financial Group LLC boosted its position in shares of Capital Group Core Plus Income ETF by 5.0% in the 4th quarter. Stonebridge Financial Group LLC now owns 1,981,698 shares of the company’s stock worth $44,866,000 after purchasing an additional 94,501 shares during the last quarter.

Capital Group Core Plus Income ETF Stock Down 0.3%

Shares of Capital Group Core Plus Income ETF stock opened at $22.33 on Friday. The business has a fifty day simple moving average of $22.38 and a 200 day simple moving average of $22.59. The stock 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.