Janney Montgomery Scott LLC Grows Position in Capital Group Core Plus Income ETF $CGCP

Janney Montgomery Scott LLC raised its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 22.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 4,395,360 shares of the company’s stock after purchasing an additional 793,942 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Capital Group Core Plus Income ETF were worth $99,511,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Capital International Investors grew its holdings in Capital Group Core Plus Income ETF by 24.7% during the 4th quarter. Capital International Investors now owns 41,266,604 shares of the company’s stock valued at $934,276,000 after buying an additional 8,184,599 shares in the last quarter. LPL Financial LLC raised its holdings in shares of Capital Group Core Plus Income ETF by 25.1% during 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 in the last quarter. Susquehanna International Group LLP purchased a new stake in Capital Group Core Plus Income ETF during the third quarter valued at $21,098,000. Aprio Wealth Management LLC bought a new position in shares of Capital Group Core Plus Income ETF in the 4th quarter valued at about $20,828,000. Finally, Raymond James Financial Inc. lifted its stake in shares of Capital Group Core Plus Income ETF by 17.2% in the 3rd quarter. Raymond James Financial Inc. now owns 5,396,909 shares of the company’s stock valued at $122,618,000 after purchasing an additional 790,814 shares during the last quarter.

Capital Group Core Plus Income ETF Stock Down 0.1%

NYSEARCA CGCP opened at $22.23 on Thursday. 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 fifty day moving average of $22.37 and a two-hundred day moving average of $22.57. The firm has a market capitalization of $7.53 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.