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

Royal Bank of Canada boosted its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 12.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 3,989,237 shares of the company’s stock after buying an additional 439,682 shares during the period. Royal Bank of Canada owned approximately 1.18% of Capital Group Core Plus Income ETF worth $89,120,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of CGCP. US Bancorp DE bought a new position in Capital Group Core Plus Income ETF during the third quarter valued at $41,000. Bessemer Group Inc. purchased a new stake in shares of Capital Group Core Plus Income ETF in the first quarter valued at $45,000. Clearstead Advisors LLC bought a new stake in shares of Capital Group Core Plus Income ETF in the 4th quarter worth about $58,000. Godfrey Financial Associates Inc. bought a new stake in shares of Capital Group Core Plus Income ETF in the 4th quarter worth about $65,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of Capital Group Core Plus Income ETF in the 4th quarter worth about $84,000.

Capital Group Core Plus Income ETF Trading Down 0.7%

CGCP stock opened at $21.91 on Friday. Capital Group Core Plus Income ETF has a 12 month low of $21.87 and a 12 month high of $23.00. The company has a 50-day moving average price of $22.24 and a 200 day moving average price of $22.44. The stock has a market cap of $8.36 billion, a PE 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.