Midwest Financial Network LLC lessened its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP – Free Report) by 18.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 148,737 shares of the company’s stock after selling 34,250 shares during the period. Capital Group Core Plus Income ETF accounts for approximately 2.3% of Midwest Financial Network LLC’s portfolio, making the stock its 11th largest holding. Midwest Financial Network LLC’s holdings in Capital Group Core Plus Income ETF were worth $3,315,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of CGCP. CX Institutional acquired a new position in shares of Capital Group Core Plus Income ETF during the 2nd quarter worth approximately $35,000. US Bancorp DE acquired a new stake in Capital Group Core Plus Income ETF during the 3rd quarter valued at $41,000. Bessemer Group Inc. acquired a new stake in Capital Group Core Plus Income ETF during the 1st quarter valued at $45,000. Clearstead Advisors LLC acquired a new stake in Capital Group Core Plus Income ETF during the 4th quarter valued at $58,000. Finally, Godfrey Financial Associates Inc. purchased a new position in Capital Group Core Plus Income ETF during the fourth quarter worth $65,000.
Capital Group Core Plus Income ETF Price Performance
NYSEARCA CGCP opened at $22.06 on Thursday. Capital Group Core Plus Income ETF has a fifty-two week low of $21.87 and a fifty-two week high of $23.00. The stock has a market cap of $8.45 billion, a price-to-earnings ratio of 10.69 and a beta of 0.32. The business has a fifty day moving average of $22.22 and a 200-day moving average of $22.43.
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.
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