Capital Group Core Plus Income ETF $CGCP Shares Bought by Diversify Wealth Management LLC

Diversify Wealth Management LLC raised its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 14.8% in the 1st quarter, Holdings Channel reports. The institutional investor owned 972,363 shares of the company’s stock after buying an additional 125,453 shares during the period. Diversify Wealth Management LLC’s holdings in Capital Group Core Plus Income ETF were worth $21,791,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Capital International Investors boosted its position in shares of Capital Group Core Plus Income ETF by 24.7% during the 4th quarter. Capital International Investors now owns 41,266,604 shares of the company’s stock valued at $934,276,000 after acquiring an additional 8,184,599 shares during the last quarter. LPL Financial LLC boosted its holdings in Capital Group Core Plus Income ETF by 25.1% in the 4th quarter. LPL Financial LLC now owns 23,722,685 shares of the company’s stock valued at $537,082,000 after purchasing an additional 4,757,976 shares during the last quarter. Morgan Stanley grew its stake in shares of Capital Group Core Plus Income ETF by 14.2% in the 4th 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 period. Wells Fargo & Company MN raised its position in shares of Capital Group Core Plus Income ETF by 14.3% during the 4th 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 period. Finally, Valmark Advisers Inc. lifted its holdings in Capital Group Core Plus Income ETF by 99.0% in the first quarter. Valmark Advisers Inc. now owns 2,084,059 shares of the company’s stock valued at $46,558,000 after acquiring an additional 1,036,587 shares during the last quarter.

Capital Group Core Plus Income ETF Trading Down 0.1%

Capital Group Core Plus Income ETF stock traded down $0.03 during mid-day trading on Friday, hitting $22.17. The company’s stock had a trading volume of 1,023,439 shares, compared to its average volume of 1,619,349. The firm has a market capitalization of $8.35 billion, a PE ratio of 10.69 and a beta of 0.32. The stock’s fifty day moving average is $22.30 and its two-hundred day moving average is $22.50. Capital Group Core Plus Income ETF has a 1 year low of $22.02 and a 1 year 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.