EverSource Wealth Advisors LLC Has $15.48 Million Stake in Capital Group Core Plus Income ETF $CGCP

EverSource Wealth Advisors LLC grew its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 11.4% in the first quarter, HoldingsChannel reports. The institutional investor owned 692,902 shares of the company’s stock after acquiring an additional 71,057 shares during the period. EverSource Wealth Advisors LLC’s holdings in Capital Group Core Plus Income ETF were worth $15,479,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Capital International Investors increased 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 worth $934,276,000 after purchasing an additional 8,184,599 shares in the last quarter. LPL Financial LLC raised its position in shares of 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 worth $537,082,000 after acquiring an additional 4,757,976 shares during the last quarter. Morgan Stanley boosted 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 purchasing 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% in the fourth quarter. Wells Fargo & Company MN now owns 14,897,308 shares of the company’s stock valued at $337,275,000 after acquiring an additional 1,861,484 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of Capital Group Core Plus Income ETF by 12.5% during the first quarter. Cetera Investment Advisers now owns 7,319,089 shares of the company’s stock worth $163,508,000 after purchasing an additional 814,939 shares during the period.

Capital Group Core Plus Income ETF Price Performance

Shares of CGCP stock opened at $22.11 on Wednesday. The stock has a market cap of $8.40 billion, a PE ratio of 10.69 and a beta of 0.32. The stock has a 50-day moving average of $22.25 and a 200-day moving average of $22.45. Capital Group Core Plus Income ETF has a one year low of $21.97 and a one 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.