IAM Advisory LLC Raises Holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

IAM Advisory LLC raised its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 79.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,037,253 shares of the company’s stock after purchasing an additional 458,894 shares during the period. Capital Group Core Plus Income ETF accounts for 6.4% of IAM Advisory LLC’s portfolio, making the stock its 2nd largest holding. IAM Advisory LLC owned 2.40% of Capital Group Core Plus Income ETF worth $23,297,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Johnson Bixby & Associates LLC boosted its holdings in Capital Group Core Plus Income ETF by 9.7% during the fourth quarter. Johnson Bixby & Associates LLC now owns 2,920,072 shares of the company’s stock valued at $66,271,000 after purchasing an additional 258,491 shares in the last quarter. WNY Asset Management LLC grew its position in Capital Group Core Plus Income ETF by 6.1% in the third quarter. WNY Asset Management LLC now owns 2,372,046 shares of the company’s stock valued at $50,999,000 after acquiring an additional 136,378 shares during the period. UBS Group AG raised its stake in Capital Group Core Plus Income ETF by 63.3% during the fourth quarter. UBS Group AG now owns 2,307,394 shares of the company’s stock worth $52,366,000 after acquiring an additional 894,321 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Capital Group Core Plus Income ETF by 58.3% during the fourth quarter. Wells Fargo & Company MN now owns 2,069,987 shares of the company’s stock valued at $46,978,000 after acquiring an additional 762,605 shares during the period. Finally, Souders Financial Advisors boosted its stake in shares of Capital Group Core Plus Income ETF by 16.8% in the 4th quarter. Souders Financial Advisors now owns 1,893,303 shares of the company’s stock valued at $42,969,000 after purchasing an additional 272,771 shares in the last quarter.

Capital Group Core Plus Income ETF Trading Down 0.7 %

Shares of Capital Group Core Plus Income ETF stock traded down $0.15 during mid-day trading on Wednesday, reaching $22.33. 519,977 shares of the stock were exchanged, compared to its average volume of 577,456. Capital Group Core Plus Income ETF has a fifty-two week low of $20.99 and a fifty-two week high of $23.39. The firm has a 50-day simple moving average of $22.20 and a 200 day simple moving average of $22.38.

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.