Royal Bank of Canada Acquires 439,682 Shares of Capital Group Core Plus Income ETF $CGCP

Royal Bank of Canada boosted its holdings in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 12.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,989,237 shares of the company’s stock after acquiring an additional 439,682 shares during the quarter. Royal Bank of Canada’s holdings in Capital Group Core Plus Income ETF were worth $89,120,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of CGCP. Gateway Wealth Partners LLC increased its stake 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 during the period. Stadion Money Management LLC boosted its stake in shares of Capital Group Core Plus Income ETF by 2.0% during the first quarter. Stadion Money Management LLC now owns 627,733 shares of the company’s stock valued at $14,024,000 after purchasing an additional 12,480 shares during the period. CLG LLC boosted its stake in shares of 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 period. Cetera Investment Advisers grew its holdings in shares of Capital Group Core Plus Income ETF by 12.5% in 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 last quarter. Finally, Carson Advisory Inc. grew its holdings in shares of Capital Group Core Plus Income ETF by 23.3% in the first quarter. Carson Advisory Inc. now owns 18,139 shares of the company’s stock worth $405,000 after purchasing an additional 3,428 shares during the last quarter.

Capital Group Core Plus Income ETF Price Performance

CGCP stock opened at $21.91 on Friday. The company has a market capitalization of $8.36 billion, a PE ratio of 10.69 and a beta of 0.32. Capital Group Core Plus Income ETF has a 12 month low of $21.87 and a 12 month high of $23.00. The firm’s 50-day moving average is $22.24 and its 200 day moving average is $22.44.

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.