IAM Advisory LLC Has $23.30 Million Stock Holdings in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

IAM Advisory LLC lifted its position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 79.3% during the 1st quarter, Holdings Channel reports. The firm owned 1,037,253 shares of the company’s stock after acquiring an additional 458,894 shares during the period. Capital Group Core Plus Income ETF comprises about 6.4% of IAM Advisory LLC’s holdings, making the stock its 2nd biggest holding. IAM Advisory LLC’s holdings in Capital Group Core Plus Income ETF were worth $23,297,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Capital Planning LLC raised its holdings in shares of Capital Group Core Plus Income ETF by 2.3% during the first quarter. Capital Planning LLC now owns 89,579 shares of the company’s stock valued at $2,020,000 after acquiring an additional 2,033 shares in the last quarter. AdvisorNet Financial Inc raised its holdings in Capital Group Core Plus Income ETF by 75.6% in the 1st quarter. AdvisorNet Financial Inc now owns 35,062 shares of the company’s stock worth $787,000 after purchasing an additional 15,091 shares in the last quarter. &PARTNERS purchased a new stake in shares of Capital Group Core Plus Income ETF in the 1st quarter worth about $253,000. ST Germain D J Co. Inc. boosted its stake in shares of Capital Group Core Plus Income ETF by 7.7% during the 1st quarter. ST Germain D J Co. Inc. now owns 683,231 shares of the company’s stock valued at $15,345,000 after purchasing an additional 48,639 shares in the last quarter. Finally, Acima Private Wealth LLC purchased a new position in shares of Capital Group Core Plus Income ETF during the fourth quarter valued at about $2,849,000.

Capital Group Core Plus Income ETF Price Performance

CGCP stock traded down $0.15 during trading on Wednesday, reaching $22.33. The company had a trading volume of 519,977 shares, compared to its average volume of 577,456. The business has a 50 day moving average of $22.20 and a 200 day moving average of $22.38. Capital Group Core Plus Income ETF has a 52 week low of $20.99 and a 52 week high of $23.39.

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.