J. Derek Lewis & Associates Inc. Has $14.79 Million Stake in Capital Group Core Plus Income ETF $CGCP

J. Derek Lewis & Associates Inc. increased its position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 3.9% during the first quarter, HoldingsChannel.com reports. The firm owned 660,252 shares of the company’s stock after buying an additional 24,764 shares during the period. Capital Group Core Plus Income ETF accounts for about 3.3% of J. Derek Lewis & Associates Inc.’s investment portfolio, making the stock its 9th largest holding. J. Derek Lewis & Associates Inc.’s holdings in Capital Group Core Plus Income ETF were worth $14,786,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of CGCP. Integrated Wealth Concepts LLC boosted its holdings in Capital Group Core Plus Income ETF by 63.4% during the first quarter. Integrated Wealth Concepts LLC now owns 14,920 shares of the company’s stock valued at $335,000 after purchasing an additional 5,790 shares in the last quarter. Goldman Sachs Group Inc. bought a new stake in Capital Group Core Plus Income ETF during the first quarter worth about $2,904,000. Focus Partners Wealth acquired a new stake in shares of Capital Group Core Plus Income ETF during the first quarter worth approximately $313,000. JPMorgan Chase & Co. increased its holdings in shares of Capital Group Core Plus Income ETF by 25.1% during the second quarter. JPMorgan Chase & Co. now owns 57,428 shares of the company’s stock worth $1,292,000 after buying an additional 11,516 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in Capital Group Core Plus Income ETF by 79.1% during the 2nd quarter. NewEdge Advisors LLC now owns 177,883 shares of the company’s stock worth $4,002,000 after acquiring an additional 78,553 shares during the last quarter.

Capital Group Core Plus Income ETF Stock Performance

Shares of CGCP stock opened at $22.06 on Friday. The stock’s fifty day moving average is $22.24 and its 200-day moving average is $22.45. Capital Group Core Plus Income ETF has a 52 week low of $21.97 and a 52 week high of $23.00. The stock has a market capitalization of $8.42 billion, a PE 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.