Capital Group Core Plus Income ETF $CGCP Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 11.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,915,821 shares of the company’s stock after buying an additional 520,461 shares during the period. Janney Montgomery Scott LLC owned about 1.48% of Capital Group Core Plus Income ETF worth $109,819,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Central Pacific Bank Trust Division acquired a new stake in shares of Capital Group Core Plus Income ETF during the 4th quarter valued at approximately $35,000. US Bancorp DE bought a new position in Capital Group Core Plus Income ETF during the third quarter worth $41,000. Clearstead Advisors LLC acquired a new position in Capital Group Core Plus Income ETF in the fourth quarter worth $58,000. Godfrey Financial Associates Inc. acquired a new position in Capital Group Core Plus Income ETF in the fourth quarter worth $65,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in Capital Group Core Plus Income ETF during the fourth quarter valued at $84,000.

Capital Group Core Plus Income ETF Stock Performance

Shares of NYSEARCA:CGCP opened at $22.42 on Friday. The stock has a market capitalization of $7.59 billion, a price-to-earnings ratio of 10.69 and a beta of 0.32. Capital Group Core Plus Income ETF has a 1-year low of $22.02 and a 1-year high of $23.00. The company’s fifty day moving average is $22.35 and its two-hundred day moving average is $22.53.

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.