Hunter Associates Investment Management LLC Has $5.42 Million Stake in Capital Group Core Plus Income ETF $CGCP

Hunter Associates Investment Management LLC lifted its holdings in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 23.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 242,720 shares of the company’s stock after acquiring an additional 45,534 shares during the quarter. Hunter Associates Investment Management LLC owned approximately 0.07% of Capital Group Core Plus Income ETF worth $5,423,000 as of its most recent SEC filing.

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

Capital Group Core Plus Income ETF Price Performance

Shares of CGCP opened at $22.29 on Friday. The company’s 50-day moving average is $22.33 and its 200-day moving average is $22.52. The firm has a market capitalization of $8.32 billion, a PE ratio of 10.69 and a beta of 0.32. Capital Group Core Plus Income ETF has a fifty-two week low of $22.02 and a fifty-two week high of $23.00.

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.