Advisortrust Partners LLC Takes Position in Capital Group Core Plus Income ETF $CGCP

Advisortrust Partners LLC acquired a new stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) during the fourth quarter, Holdings Channel.com reports. The firm acquired 69,868 shares of the company’s stock, valued at approximately $1,582,000. Capital Group Core Plus Income ETF comprises approximately 0.7% of Advisortrust Partners LLC’s portfolio, making the stock its 27th biggest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CGCP. Fifth Third Bancorp bought a new stake in Capital Group Core Plus Income ETF during the third quarter worth approximately $32,000. Central Pacific Bank Trust Division bought a new position in shares of Capital Group Core Plus Income ETF in the fourth quarter valued at approximately $35,000. US Bancorp DE bought a new position in shares of Capital Group Core Plus Income ETF in the third quarter valued at approximately $41,000. Clearstead Advisors LLC acquired a new stake in shares of Capital Group Core Plus Income ETF in the fourth quarter worth $58,000. Finally, Godfrey Financial Associates Inc. acquired a new stake in shares of Capital Group Core Plus Income ETF in the fourth quarter worth $65,000.

Capital Group Core Plus Income ETF Stock Performance

NYSEARCA CGCP opened at $22.34 on Friday. Capital Group Core Plus Income ETF has a 1 year low of $22.02 and a 1 year high of $23.00. The company has a fifty day simple moving average of $22.37 and a 200 day simple moving average of $22.55. The company has a market cap of $7.57 billion, a P/E ratio of 10.69 and a beta of 0.32.

Capital Group Core Plus Income ETF Company 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.