Capital Group Core Plus Income ETF $CGCP is Midwest Heritage Bank FSB’s 4th Largest Position

Midwest Heritage Bank FSB raised its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 22.4% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,326,985 shares of the company’s stock after acquiring an additional 242,411 shares during the quarter. Capital Group Core Plus Income ETF makes up 9.5% of Midwest Heritage Bank FSB’s holdings, making the stock its 4th largest holding. Midwest Heritage Bank FSB’s holdings in Capital Group Core Plus Income ETF were worth $29,645,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Diversify Advisory Services LLC bought a new position in shares of Capital Group Core Plus Income ETF in the fourth quarter worth about $667,000. Affiance Financial LLC increased its stake in Capital Group Core Plus Income ETF by 27.6% in the 4th quarter. Affiance Financial LLC now owns 245,357 shares of the company’s stock worth $5,555,000 after buying an additional 53,114 shares during the period. ProCore Advisors LLC bought a new stake in Capital Group Core Plus Income ETF during the 4th quarter valued at about $1,633,000. Wealthcare Advisory Partners LLC lifted its holdings in Capital Group Core Plus Income ETF by 27.8% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 660,083 shares of the company’s stock valued at $14,944,000 after buying an additional 143,476 shares in the last quarter. Finally, Citigroup Inc. purchased a new stake in Capital Group Core Plus Income ETF in the 3rd quarter valued at about $2,183,000.

Capital Group Core Plus Income ETF Price Performance

Shares of CGCP stock opened at $22.34 on Friday. The company has a market capitalization of $7.57 billion, a P/E ratio of 10.69 and a beta of 0.32. The company’s 50-day simple moving average is $22.37 and its two-hundred day simple moving average is $22.55. Capital Group Core Plus Income ETF has a one year low of $22.02 and a one year high of $23.00.

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.