WNY Asset Management LLC Takes Position in Capital Group Core Plus Income ETF $CGCP

WNY Asset Management LLC bought a new position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 4,208,726 shares of the company’s stock, valued at approximately $94,023,000. Capital Group Core Plus Income ETF comprises 9.7% of WNY Asset Management LLC’s portfolio, making the stock its biggest position.

Other large investors have also recently made changes to their positions in the company. J. Derek Lewis & Associates Inc. grew its holdings in Capital Group Core Plus Income ETF by 3.9% during the 1st quarter. J. Derek Lewis & Associates Inc. now owns 660,252 shares of the company’s stock valued at $14,786,000 after purchasing an additional 24,764 shares during the last quarter. January Capital Advisors LLC purchased a new stake in Capital Group Core Plus Income ETF in the 1st quarter worth about $13,276,000. Leigh Baldwin & CO. LLC lifted its stake in Capital Group Core Plus Income ETF by 10.2% in the first quarter. Leigh Baldwin & CO. LLC now owns 208,060 shares of the company’s stock worth $4,648,000 after purchasing an additional 19,272 shares during the last quarter. Western Wealth Management LLC lifted its stake in Capital Group Core Plus Income ETF by 31.9% in the first quarter. Western Wealth Management LLC now owns 167,656 shares of the company’s stock worth $3,745,000 after purchasing an additional 40,583 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in shares of Capital Group Core Plus Income ETF by 44.0% during the first quarter. Bank of America Corp DE now owns 1,458,719 shares of the company’s stock valued at $32,588,000 after buying an additional 445,935 shares during the period.

Capital Group Core Plus Income ETF Price Performance

Shares of NYSEARCA:CGCP opened at $21.91 on Friday. The firm has a market capitalization of $8.36 billion, a PE ratio of 10.69 and a beta of 0.32. The business has a 50 day simple moving average of $22.24 and a two-hundred day simple moving average of $22.44. Capital Group Core Plus Income ETF has a 1 year low of $21.87 and a 1 year high of $23.00.

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