Fifth Third Bancorp Purchases 172,723 Shares of Capital Group Core Plus Income ETF $CGCP

Fifth Third Bancorp increased its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 12,137.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 174,146 shares of the company’s stock after purchasing an additional 172,723 shares during the period. Fifth Third Bancorp owned 0.05% of Capital Group Core Plus Income ETF worth $3,890,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in CGCP. Sovran Advisors LLC boosted its stake in Capital Group Core Plus Income ETF by 5.6% during the first quarter. Sovran Advisors LLC now owns 628,910 shares of the company’s stock worth $14,050,000 after buying an additional 33,457 shares during the period. Kestra Advisory Services LLC lifted its holdings in shares of Capital Group Core Plus Income ETF by 1.3% in the 1st quarter. Kestra Advisory Services LLC now owns 365,657 shares of the company’s stock worth $8,169,000 after acquiring an additional 4,617 shares during the last quarter. Richmond Investment Services LLC boosted its stake in shares of Capital Group Core Plus Income ETF by 15.0% during the 1st quarter. Richmond Investment Services LLC now owns 68,384 shares of the company’s stock worth $1,528,000 after purchasing an additional 8,902 shares during the period. Cvfg LLC boosted its stake in shares of Capital Group Core Plus Income ETF by 42.3% during the 1st quarter. Cvfg LLC now owns 105,787 shares of the company’s stock worth $2,363,000 after purchasing an additional 31,453 shares during the period. Finally, Greatmark Investment Partners Inc. grew its holdings in Capital Group Core Plus Income ETF by 7.2% during the 1st quarter. Greatmark Investment Partners Inc. now owns 141,824 shares of the company’s stock valued at $3,168,000 after purchasing an additional 9,489 shares during the last quarter.

Capital Group Core Plus Income ETF Price Performance

Capital Group Core Plus Income ETF stock opened at $22.20 on Friday. Capital Group Core Plus Income ETF has a 1-year low of $22.02 and a 1-year high of $23.00. The firm has a market capitalization of $8.41 billion, a P/E ratio of 10.69 and a beta of 0.32. The company’s 50-day moving average is $22.28 and its 200 day moving average is $22.49.

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.