January Capital Advisors LLC Purchases Shares of 594,252 Capital Group Core Plus Income ETF $CGCP

January Capital Advisors LLC acquired a new stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 594,252 shares of the company’s stock, valued at approximately $13,276,000. Capital Group Core Plus Income ETF comprises approximately 17.9% of January Capital Advisors LLC’s portfolio, making the stock its biggest holding.

Several other large investors have also modified their holdings of the stock. Diversify Advisory Services LLC purchased a new position in shares of Capital Group Core Plus Income ETF in the 4th quarter worth about $667,000. Affiance Financial LLC lifted its position in Capital Group Core Plus Income ETF by 27.6% in the 4th quarter. Affiance Financial LLC now owns 245,357 shares of the company’s stock worth $5,555,000 after buying an additional 53,114 shares during the last quarter. ProCore Advisors LLC purchased a new stake in Capital Group Core Plus Income ETF in the fourth quarter worth approximately $1,633,000. Kestra Investment Management LLC raised its stake in shares of Capital Group Core Plus Income ETF by 11.0% during the fourth quarter. Kestra Investment Management LLC now owns 1,619,964 shares of the company’s stock worth $36,676,000 after acquiring an additional 160,802 shares in the last quarter. Finally, Bernardo Wealth Planning LLC raised its stake in shares of Capital Group Core Plus Income ETF by 3.0% during the fourth quarter. Bernardo Wealth Planning LLC now owns 1,158,823 shares of the company’s stock worth $26,236,000 after acquiring an additional 33,508 shares in the last quarter.

Capital Group Core Plus Income ETF Stock Performance

Shares of CGCP opened at $22.06 on Friday. Capital Group Core Plus Income ETF has a fifty-two week low of $21.97 and a fifty-two week high of $23.00. The firm has a market cap of $8.42 billion, a price-to-earnings ratio of 10.69 and a beta of 0.32. The firm has a 50 day moving average price of $22.24 and a 200-day moving average price of $22.45.

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.