J. Derek Lewis & Associates Inc. purchased a new stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP – Free Report) during the 4th quarter, HoldingsChannel reports. The fund purchased 635,488 shares of the company’s stock, valued at approximately $14,387,000. Capital Group Core Plus Income ETF makes up approximately 3.4% of J. Derek Lewis & Associates Inc.’s holdings, making the stock its 10th largest position.
Several other institutional investors have also bought and sold shares of the stock. Fifth Third Bancorp bought a new stake in Capital Group Core Plus Income ETF in the third quarter valued at $32,000. Central Pacific Bank Trust Division bought a new position in shares of Capital Group Core Plus Income ETF during the fourth quarter valued at $35,000. US Bancorp DE bought a new position in shares of Capital Group Core Plus Income ETF during the third quarter valued at $41,000. Clearstead Advisors LLC acquired a new stake in shares of Capital Group Core Plus Income ETF in the 4th quarter valued at $58,000. Finally, Godfrey Financial Associates Inc. acquired a new stake in shares of Capital Group Core Plus Income ETF in the 4th quarter valued at $65,000.
Capital Group Core Plus Income ETF Stock Performance
CGCP opened at $22.34 on Friday. The firm’s 50-day simple moving average is $22.37 and its 200-day simple moving average is $22.55. Capital Group Core Plus Income ETF has a twelve month low of $22.02 and a twelve month high of $23.00. The firm has a market cap of $7.57 billion, a price-to-earnings ratio of 10.69 and a beta of 0.32.
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.
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Want to see what other hedge funds are holding CGCP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Core Plus Income ETF (NYSEARCA:CGCP – Free Report).
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