Capital Group Core Plus Income ETF $CGCP Stake Boosted by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lifted its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 11.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,915,821 shares of the company’s stock after purchasing an additional 520,461 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Capital Group Core Plus Income ETF were worth $109,819,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Integrated Wealth Concepts LLC grew its stake in Capital Group Core Plus Income ETF by 63.4% during the 1st quarter. Integrated Wealth Concepts LLC now owns 14,920 shares of the company’s stock worth $335,000 after buying an additional 5,790 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in Capital Group Core Plus Income ETF in the first quarter valued at $2,904,000. Focus Partners Wealth acquired a new position in shares of Capital Group Core Plus Income ETF during the first quarter valued at $313,000. JPMorgan Chase & Co. boosted its holdings in shares of Capital Group Core Plus Income ETF by 25.1% during the second quarter. JPMorgan Chase & Co. now owns 57,428 shares of the company’s stock valued at $1,292,000 after acquiring an additional 11,516 shares during the period. Finally, NewEdge Advisors LLC grew its position in shares of Capital Group Core Plus Income ETF by 79.1% during the second quarter. NewEdge Advisors LLC now owns 177,883 shares of the company’s stock worth $4,002,000 after acquiring an additional 78,553 shares during the last quarter.

Capital Group Core Plus Income ETF Stock Up 0.0%

CGCP stock opened at $22.42 on Friday. Capital Group Core Plus Income ETF has a fifty-two week low of $22.02 and a fifty-two week high of $23.00. The firm’s 50-day simple moving average is $22.35 and its 200 day simple moving average is $22.53. The stock has a market cap of $7.59 billion, a PE ratio of 10.69 and a beta of 0.32.

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. CGCP was launched on Feb 22, 2022 and is managed by Capital Group.