Capital Group Core Plus Income ETF $CGCP Stock Position Increased by Midwest Heritage Bank FSB

Midwest Heritage Bank FSB increased its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 22.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,326,985 shares of the company’s stock after buying an additional 242,411 shares during the quarter. Capital Group Core Plus Income ETF comprises approximately 9.5% of Midwest Heritage Bank FSB’s holdings, making the stock its 4th largest holding. Midwest Heritage Bank FSB owned approximately 0.40% of Capital Group Core Plus Income ETF worth $29,645,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of CGCP. Fifth Third Bancorp bought a new position in Capital Group Core Plus Income ETF during the third quarter valued at $32,000. Central Pacific Bank Trust Division bought a new stake in shares of Capital Group Core Plus Income ETF in the 4th quarter worth about $35,000. US Bancorp DE bought a new stake in shares of Capital Group Core Plus Income ETF in the 3rd quarter worth about $41,000. Clearstead Advisors LLC purchased a new position in shares of Capital Group Core Plus Income ETF during the 4th quarter worth about $58,000. Finally, Godfrey Financial Associates Inc. purchased a new position in shares of Capital Group Core Plus Income ETF during the 4th quarter worth about $65,000.

Capital Group Core Plus Income ETF Stock Performance

Shares of NYSEARCA:CGCP opened at $22.34 on Friday. The company has a market capitalization of $7.57 billion, a price-to-earnings ratio of 10.69 and a beta of 0.32. Capital Group Core Plus Income ETF has a 12 month low of $22.02 and a 12 month high of $23.00. The firm’s 50-day moving average is $22.37 and its 200 day moving average is $22.55.

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.