Capital Group Core Plus Income ETF $CGCP Shares Sold by Midwest Financial Network LLC

Midwest Financial Network LLC decreased its position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 18.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 148,737 shares of the company’s stock after selling 34,250 shares during the period. Capital Group Core Plus Income ETF accounts for approximately 2.3% of Midwest Financial Network LLC’s portfolio, making the stock its 11th largest holding. Midwest Financial Network LLC’s holdings in Capital Group Core Plus Income ETF were worth $3,315,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Lincoln Capital LLC purchased a new stake in Capital Group Core Plus Income ETF in the 2nd quarter worth approximately $243,000. Trinity Wealth Management LLC raised its holdings in Capital Group Core Plus Income ETF by 21.0% in the 2nd quarter. Trinity Wealth Management LLC now owns 87,946 shares of the company’s stock valued at $1,960,000 after acquiring an additional 15,280 shares during the last quarter. Dynamic Advisor Solutions LLC lifted its stake in shares of Capital Group Core Plus Income ETF by 9.9% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 96,566 shares of the company’s stock worth $2,152,000 after purchasing an additional 8,712 shares during the period. Stonebridge Financial Group LLC lifted its stake in shares of Capital Group Core Plus Income ETF by 3.5% during the 2nd quarter. Stonebridge Financial Group LLC now owns 2,134,998 shares of the company’s stock worth $47,589,000 after purchasing an additional 71,581 shares during the period. Finally, CX Institutional acquired a new stake in shares of Capital Group Core Plus Income ETF during the second quarter worth $35,000.

Capital Group Core Plus Income ETF Price Performance

Shares of NYSEARCA:CGCP opened at $22.06 on Thursday. The company has a market cap of $8.45 billion, a P/E ratio of 10.69 and a beta of 0.32. Capital Group Core Plus Income ETF has a 52 week low of $21.87 and a 52 week high of $23.00. The business has a fifty day simple moving average of $22.22 and a 200-day simple moving average of $22.43.

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.