Capital Group Core Plus Income ETF $CGCP Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers increased its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 12.5% in the 1st quarter, HoldingsChannel reports. The fund owned 7,319,089 shares of the company’s stock after purchasing an additional 814,939 shares during the quarter. Cetera Investment Advisers’ holdings in Capital Group Core Plus Income ETF were worth $163,508,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CGCP. Diversify Advisory Services LLC purchased a new stake in Capital Group Core Plus Income ETF in the 4th quarter valued at about $667,000. Affiance Financial LLC boosted its stake in Capital Group Core Plus Income ETF by 27.6% during the fourth quarter. Affiance Financial LLC now owns 245,357 shares of the company’s stock worth $5,555,000 after buying an additional 53,114 shares during the period. ProCore Advisors LLC purchased a new position in Capital Group Core Plus Income ETF during the fourth quarter worth about $1,633,000. Kestra Investment Management LLC increased its position in shares of Capital Group Core Plus Income ETF by 11.0% during the fourth quarter. Kestra Investment Management LLC now owns 1,619,964 shares of the company’s stock valued at $36,676,000 after acquiring an additional 160,802 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC increased its position in shares of Capital Group Core Plus Income ETF by 27.8% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 660,083 shares of the company’s stock valued at $14,944,000 after acquiring an additional 143,476 shares during the last quarter.

Capital Group Core Plus Income ETF Stock Performance

Capital Group Core Plus Income ETF stock opened at $22.04 on Thursday. The company’s 50 day simple moving average is $22.26 and its 200-day simple moving average is $22.47. 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 market capitalization of $8.35 billion, a price-to-earnings ratio of 10.69 and a beta of 0.32.

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.