MML Investors Services LLC Increases Stock Position in Capital Group Core Plus Income ETF $CGCP

MML Investors Services LLC lifted its holdings in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 7.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,623,539 shares of the company’s stock after acquiring an additional 185,250 shares during the period. MML Investors Services LLC owned 0.88% of Capital Group Core Plus Income ETF worth $59,397,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Fifth Third Bancorp purchased a new position in shares of Capital Group Core Plus Income ETF during the third quarter worth approximately $32,000. Central Pacific Bank Trust Division purchased a new position in shares of Capital Group Core Plus Income ETF during the fourth quarter worth approximately $35,000. US Bancorp DE purchased a new position in shares of Capital Group Core Plus Income ETF during the third quarter worth approximately $41,000. Clearstead Advisors LLC purchased a new position in shares of Capital Group Core Plus Income ETF during the fourth quarter worth approximately $58,000. Finally, Godfrey Financial Associates Inc. purchased a new position in shares of Capital Group Core Plus Income ETF during the fourth quarter worth approximately $65,000.

Capital Group Core Plus Income ETF Trading Up 0.0%

Shares of CGCP opened at $22.35 on Tuesday. The firm has a market cap of $7.57 billion, a PE ratio of 10.69 and a beta of 0.32. The company’s 50 day simple moving average is $22.37 and its 200-day simple moving average is $22.56. Capital Group Core Plus Income ETF has a 12-month low of $22.02 and a 12-month high of $23.00.

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.