Capital Group Core Plus Income ETF (NYSEARCA:CGCP) Shares Sold by Merit Financial Group LLC

Merit Financial Group LLC lowered its position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 17.6% during the fourth quarter, Holdings Channel reports. The fund owned 48,653 shares of the company’s stock after selling 10,357 shares during the quarter. Merit Financial Group LLC’s holdings in Capital Group Core Plus Income ETF were worth $1,104,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Johnson Bixby & Associates LLC raised its position in shares of Capital Group Core Plus Income ETF by 9.7% in the 4th quarter. Johnson Bixby & Associates LLC now owns 2,920,072 shares of the company’s stock worth $66,271,000 after buying an additional 258,491 shares during the period. WNY Asset Management LLC increased its position in shares of 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 worth $50,999,000 after acquiring an additional 136,378 shares in the last quarter. Souders Financial Advisors raised 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 acquiring an additional 272,771 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of Capital Group Core Plus Income ETF by 19.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,587,138 shares of the company’s stock valued at $34,123,000 after acquiring an additional 260,991 shares in the last quarter. Finally, UBS Group AG boosted its position in Capital Group Core Plus Income ETF by 55.5% during the 3rd quarter. UBS Group AG now owns 1,413,073 shares of the company’s stock worth $30,381,000 after purchasing an additional 504,105 shares during the period.

Capital Group Core Plus Income ETF Price Performance

NYSEARCA:CGCP opened at $22.12 on Monday. The business’s 50-day moving average is $22.25 and its two-hundred day moving average is $22.23. Capital Group Core Plus Income ETF has a 12 month low of $20.99 and a 12 month high of $23.39.

About Capital Group Core Plus Income ETF

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.