ZRC Wealth Management LLC Grows Position in Capital Group Core Plus Income ETF (NYSEARCA:CGCP)

ZRC Wealth Management LLC grew its stake in shares of Capital Group Core Plus Income ETF (NYSEARCA:CGCP) by 414.7% during the 1st quarter, Holdings Channel.com reports. The firm owned 10,089 shares of the company’s stock after acquiring an additional 8,129 shares during the period. ZRC Wealth Management LLC’s holdings in Capital Group Core Plus Income ETF were worth $227,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Northwest Financial Advisors acquired a new stake in shares of Capital Group Core Plus Income ETF in the fourth quarter valued at about $55,000. Winch Advisory Services LLC grew its holdings in Capital Group Core Plus Income ETF by 202.1% during the 4th quarter. Winch Advisory Services LLC now owns 2,710 shares of the company’s stock valued at $61,000 after buying an additional 1,813 shares during the last quarter. Financial Perspectives Inc lifted its holdings in shares of Capital Group Core Plus Income ETF by 103.3% during the 4th quarter. Financial Perspectives Inc now owns 4,324 shares of the company’s stock worth $98,000 after acquiring an additional 2,197 shares during the period. Barrett & Company Inc. boosted its position in Capital Group Core Plus Income ETF by 91.0% during the 4th quarter. Barrett & Company Inc. now owns 4,904 shares of the company’s stock worth $111,000 after purchasing an additional 2,336 shares during the period. Finally, Principal Securities Inc. purchased a new position in Capital Group Core Plus Income ETF in the fourth quarter valued at about $164,000.

Capital Group Core Plus Income ETF Stock Performance

Shares of NYSEARCA:CGCP traded up $0.13 during mid-day trading on Thursday, hitting $22.30. 239,612 shares of the company traded hands, compared to its average volume of 600,966. The firm’s 50 day simple moving average is $22.23 and its 200 day simple moving average is $22.37. Capital Group Core Plus Income ETF has a 52-week low of $20.99 and a 52-week high of $23.39.

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.