Johnson Bixby & Associates LLC Sells 107,805 Shares of Capital Group Core Plus Income ETF $CGCP

Johnson Bixby & Associates LLC trimmed its stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 12.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 775,621 shares of the company’s stock after selling 107,805 shares during the quarter. Capital Group Core Plus Income ETF comprises about 2.1% of Johnson Bixby & Associates LLC’s holdings, making the stock its 15th biggest position. Johnson Bixby & Associates LLC owned 0.23% of Capital Group Core Plus Income ETF worth $17,327,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CGCP. Diversify Advisory Services LLC bought a new position in Capital Group Core Plus Income ETF in the fourth quarter worth approximately $667,000. Affiance Financial LLC grew its stake in Capital Group Core Plus Income ETF by 27.6% in 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 period. ProCore Advisors LLC bought a new stake in shares of Capital Group Core Plus Income ETF during the fourth quarter valued at approximately $1,633,000. Citigroup Inc. bought a new stake in shares of Capital Group Core Plus Income ETF during the third quarter valued at approximately $2,183,000. Finally, Wealthcare Advisory Partners LLC raised 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 purchasing an additional 143,476 shares during the period.

Capital Group Core Plus Income ETF Price Performance

Shares of CGCP opened at $22.34 on Monday. Capital Group Core Plus Income ETF has a 12-month low of $22.02 and a 12-month high of $23.00. The business’s fifty day moving average is $22.37 and its 200 day moving average is $22.55. The stock has a market cap of $7.57 billion, a P/E 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.