Assetmark Inc. Increases Stock Position in Capital Group Core Plus Income ETF $CGCP

Assetmark Inc. boosted its holdings in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 31.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 116,158 shares of the company’s stock after purchasing an additional 27,845 shares during the quarter. Assetmark Inc.’s holdings in Capital Group Core Plus Income ETF were worth $2,595,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Diversify Advisory Services LLC acquired a new position in Capital Group Core Plus Income ETF in the fourth quarter valued at about $667,000. Affiance Financial LLC increased its position 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 acquiring an additional 53,114 shares during the last quarter. ProCore Advisors LLC acquired a new position in Capital Group Core Plus Income ETF during the fourth quarter worth $1,633,000. Kestra Investment Management LLC lifted its stake in Capital Group Core Plus Income ETF by 11.0% during the fourth quarter. Kestra Investment Management LLC now owns 1,619,964 shares of the company’s stock worth $36,676,000 after purchasing an additional 160,802 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its position in shares of Capital Group Core Plus Income ETF by 27.8% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 660,083 shares of the company’s stock worth $14,944,000 after buying an additional 143,476 shares during the period.

Capital Group Core Plus Income ETF Stock Down 0.2%

CGCP opened at $21.99 on Friday. Capital Group Core Plus Income ETF has a 52 week low of $21.97 and a 52 week high of $23.00. The business has a fifty day simple moving average of $22.26 and a 200-day simple moving average of $22.47. The firm has a market cap of $8.36 billion, a P/E ratio of 10.69 and a beta of 0.32.

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.