Carson Advisory Inc. Makes New Investment in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

Carson Advisory Inc. bought a new position in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) during the first quarter, HoldingsChannel.com reports. The firm bought 8,959 shares of the company’s stock, valued at approximately $201,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in CGCP. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Capital Group Core Plus Income ETF by 54.7% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,547 shares of the company’s stock worth $35,000 after purchasing an additional 547 shares in the last quarter. NBC Securities Inc. grew its position in shares of Capital Group Core Plus Income ETF by 10,241.2% during the 1st quarter. NBC Securities Inc. now owns 1,758 shares of the company’s stock worth $39,000 after purchasing an additional 1,741 shares in the last quarter. Sunbelt Securities Inc. bought a new stake in shares of Capital Group Core Plus Income ETF during the 4th quarter worth approximately $50,000. ORG Partners LLC boosted its position in shares of Capital Group Core Plus Income ETF by 182.4% during the 1st quarter. ORG Partners LLC now owns 2,217 shares of the company’s stock worth $50,000 after acquiring an additional 1,432 shares in the last quarter. Finally, Capital Analysts LLC bought a new position in Capital Group Core Plus Income ETF in the fourth quarter valued at approximately $54,000.

Capital Group Core Plus Income ETF Price Performance

Shares of CGCP opened at $22.32 on Friday. The firm has a 50 day simple moving average of $22.28 and a two-hundred day simple moving average of $22.30. Capital Group Core Plus Income ETF has a one year low of $21.74 and a one year high of $23.34. The company has a market cap of $5.17 billion, a P/E ratio of 10.69 and a beta of 0.39.

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.