World Investment Advisors Buys 37,262 Shares of Capital Group Core Plus Income ETF $CGCP

World Investment Advisors lifted its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 77.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 85,228 shares of the company’s stock after buying an additional 37,262 shares during the period. World Investment Advisors’ holdings in Capital Group Core Plus Income ETF were worth $1,930,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of CGCP. Diversify Advisory Services LLC purchased a new position in Capital Group Core Plus Income ETF in the 4th quarter worth approximately $667,000. Affiance Financial LLC boosted its stake in shares of 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 valued at $5,555,000 after purchasing an additional 53,114 shares during the period. ProCore Advisors LLC purchased a new stake in shares of Capital Group Core Plus Income ETF during the fourth quarter valued at approximately $1,633,000. Citigroup Inc. purchased a new stake in shares of Capital Group Core Plus Income ETF during the third quarter valued at approximately $2,183,000. Finally, Wealthcare Advisory Partners LLC grew its holdings in shares of Capital Group Core Plus Income ETF by 27.8% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 660,083 shares of the company’s stock worth $14,944,000 after purchasing an additional 143,476 shares during the last quarter.

Capital Group Core Plus Income ETF Price Performance

Shares of NYSEARCA CGCP opened at $22.34 on Friday. The firm’s fifty day moving average is $22.37 and its 200 day moving average is $22.55. Capital Group Core Plus Income ETF has a 52 week low of $22.02 and a 52 week high of $23.00. The company has a market cap of $7.57 billion, a price-to-earnings ratio of 10.69 and a beta of 0.32.

About Capital Group Core Plus Income ETF

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.