Swisher Financial Concepts Inc. Raises Holdings in Capital Group Core Plus Income ETF $CGCP

Swisher Financial Concepts Inc. raised its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 11.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 322,053 shares of the company’s stock after purchasing an additional 32,017 shares during the period. Capital Group Core Plus Income ETF accounts for about 4.0% of Swisher Financial Concepts Inc.’s portfolio, making the stock its 10th biggest position. Swisher Financial Concepts Inc.’s holdings in Capital Group Core Plus Income ETF were worth $7,195,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Capital International Investors raised its stake in shares of Capital Group Core Plus Income ETF by 24.7% in the fourth quarter. Capital International Investors now owns 41,266,604 shares of the company’s stock valued at $934,276,000 after acquiring an additional 8,184,599 shares during the period. LPL Financial LLC lifted its holdings in shares of Capital Group Core Plus Income ETF by 25.1% in the 4th quarter. LPL Financial LLC now owns 23,722,685 shares of the company’s stock worth $537,082,000 after acquiring an additional 4,757,976 shares during the last quarter. Morgan Stanley boosted its stake in shares of Capital Group Core Plus Income ETF by 14.2% during the 4th quarter. Morgan Stanley now owns 18,386,647 shares of the company’s stock worth $416,274,000 after purchasing an additional 2,287,585 shares during the period. Wells Fargo & Company MN boosted its stake in shares of Capital Group Core Plus Income ETF by 14.3% during the 4th quarter. Wells Fargo & Company MN now owns 14,897,308 shares of the company’s stock worth $337,275,000 after purchasing an additional 1,861,484 shares during the period. Finally, &PARTNERS boosted its stake in shares of Capital Group Core Plus Income ETF by 31.0% during the 4th quarter. &PARTNERS now owns 4,297,725 shares of the company’s stock worth $97,391,000 after purchasing an additional 1,017,548 shares during the period.

Capital Group Core Plus Income ETF Stock Performance

Shares of NYSEARCA:CGCP opened at $22.34 on Friday. Capital Group Core Plus Income ETF has a 12 month low of $22.02 and a 12 month high of $23.00. The company has a market capitalization of $7.57 billion, a price-to-earnings ratio of 10.69 and a beta of 0.32. The firm’s 50-day moving average is $22.37 and its 200 day moving average is $22.55.

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.