Capital Group Core Plus Income ETF $CGCP Position Increased by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC lifted its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 11.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 692,902 shares of the company’s stock after acquiring an additional 71,057 shares during the quarter. EverSource Wealth Advisors LLC owned 0.20% of Capital Group Core Plus Income ETF worth $15,479,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Royal Bank of Canada raised its position in Capital Group Core Plus Income ETF by 12.4% during the first quarter. Royal Bank of Canada now owns 3,989,237 shares of the company’s stock valued at $89,120,000 after buying an additional 439,682 shares during the period. Gateway Wealth Partners LLC boosted its holdings in Capital Group Core Plus Income ETF by 449.3% in the first quarter. Gateway Wealth Partners LLC now owns 266,681 shares of the company’s stock worth $5,958,000 after purchasing an additional 218,130 shares in the last quarter. Stadion Money Management LLC increased its holdings in shares of Capital Group Core Plus Income ETF by 2.0% during the 1st quarter. Stadion Money Management LLC now owns 627,733 shares of the company’s stock valued at $14,024,000 after acquiring an additional 12,480 shares during the last quarter. CLG LLC grew its holdings in Capital Group Core Plus Income ETF by 15.3% during the first quarter. CLG LLC now owns 159,323 shares of the company’s stock valued at $3,559,000 after purchasing an additional 21,082 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in Capital Group Core Plus Income ETF by 12.5% in the 1st quarter. Cetera Investment Advisers now owns 7,319,089 shares of the company’s stock valued at $163,508,000 after buying an additional 814,939 shares during the last quarter.

Capital Group Core Plus Income ETF Stock Performance

Capital Group Core Plus Income ETF stock opened at $22.11 on Wednesday. The business’s 50-day simple moving average is $22.25 and its 200-day simple moving average is $22.45. The firm has a market capitalization of $8.40 billion, a PE ratio of 10.69 and a beta of 0.32. Capital Group Core Plus Income ETF has a 52 week low of $21.97 and a 52 week 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.