Cornerstone Wealth Management LLC Grows Stock Holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Cornerstone Wealth Management LLC grew its holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 2.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 112,336 shares of the company’s stock after acquiring an additional 3,146 shares during the period. Cornerstone Wealth Management LLC owned about 0.12% of Capital Group Core Plus Income ETF worth $2,523,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. ZRC Wealth Management LLC acquired a new position in Capital Group Core Plus Income ETF during the fourth quarter worth $44,000. Northwest Financial Advisors purchased a new position in shares of Capital Group Core Plus Income ETF in the fourth quarter valued at approximately $55,000. Winch Advisory Services LLC boosted its stake in shares of Capital Group Core Plus Income ETF by 202.1% in the fourth quarter. Winch Advisory Services LLC now owns 2,710 shares of the company’s stock valued at $61,000 after purchasing an additional 1,813 shares during the period. Financial Perspectives Inc boosted its stake in shares of Capital Group Core Plus Income ETF by 103.3% in the fourth quarter. Financial Perspectives Inc now owns 4,324 shares of the company’s stock valued at $98,000 after purchasing an additional 2,197 shares during the period. Finally, Barrett & Company Inc. raised its holdings in Capital Group Core Plus Income ETF by 91.0% in the fourth quarter. Barrett & Company Inc. now owns 4,904 shares of the company’s stock valued at $111,000 after acquiring an additional 2,336 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Up 0.6 %

Shares of NYSEARCA:CGCP opened at $22.30 on Friday. The firm’s 50 day moving average price is $22.23 and its 200 day moving average price is $22.37. Capital Group Core Plus Income ETF has a fifty-two week low of $20.99 and a fifty-two week high of $23.39.

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.