WNY Asset Management LLC Invests $94.02 Million in Capital Group Core Plus Income ETF $CGCP

WNY Asset Management LLC purchased a new stake in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 4,208,726 shares of the company’s stock, valued at approximately $94,023,000. Capital Group Core Plus Income ETF comprises about 9.7% of WNY Asset Management LLC’s portfolio, making the stock its largest holding. WNY Asset Management LLC owned 1.24% of Capital Group Core Plus Income ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CGCP. US Bancorp DE bought a new stake in Capital Group Core Plus Income ETF during the third quarter worth approximately $41,000. Bessemer Group Inc. purchased a new stake in Capital Group Core Plus Income ETF during the first quarter valued at approximately $45,000. Clearstead Advisors LLC bought a new stake in shares of Capital Group Core Plus Income ETF in the 4th quarter valued at approximately $58,000. Godfrey Financial Associates Inc. bought a new stake in shares of Capital Group Core Plus Income ETF in the 4th quarter valued at approximately $65,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of Capital Group Core Plus Income ETF in the 4th quarter valued at approximately $84,000.

Capital Group Core Plus Income ETF Stock Performance

Shares of Capital Group Core Plus Income ETF stock opened at $21.91 on Friday. The stock has a market cap of $8.36 billion, a price-to-earnings ratio of 10.69 and a beta of 0.32. The stock has a 50 day moving average price of $22.24 and a 200-day moving average price of $22.44. Capital Group Core Plus Income ETF has a one year low of $21.87 and a one year 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.