angular: Nested multiple levels of ContentChild query returns undefined

I’m submitting a…

[ ] Regression (a behavior that used to work and stopped working in a new release)
[x] Bug report  
[ ] Feature request
[ ] Documentation issue or request
[ ] Support request => Please do not submit support request here, instead see https://github.com/angular/angular/blob/master/CONTRIBUTING.md#question

Current behavior

When ng-content is used on multiple levels, only the first component is able to find the ContentChild.

Expected behavior

I think every parent component at each level should be able to find the ContentChild. Please see the plunker example.

Minimal reproduction of the problem with instructions

https://plnkr.co/edit/iMDKo9cdKeyB0Y4is11y?p=preview

What is the motivation / use case for changing the behavior?

I have a div[myFormElement] component that projects an input. Based on what kind of input it is, I would like to add extra functionality, but I would like to separate that logic from the div[myFormElement] component and only include it in my-custom-wrapper-component.

<div myFormElement>
  <input myInput />  
</div>

<div myFormElement>
  <input mySpecialInput />
</div>

Then in the my-form-element component,

@ContentChild(myInput) inputElement: myInput;
@ContentChild(mySpecialInput) specialElement: mySpecialInput;

<div *ngIf="myInput">
  <ng-content select="[myInput]"></ng-content>
</div>
<div *ngIf="mySpecialInput">
  <my-custom-wrapper-component> <!-- This component adds extra functionality that my-form-element shouldn't be concerned with -->
    <ng-content select="[mySpecialInput]"></ng-content>
  </my-custom-wrapper-component>
</div>

In my-custom-wrapper-component, @ContentChild() is returning undefined.

@ContentChild(mySpecialInput) specialElement: mySpecialInput; // This is returning undefined

<ng-content></ng-content>

Environment

Angular version: Latest

Browser:
- [x] Chrome (desktop) version XX
- [ ] Chrome (Android) version XX
- [ ] Chrome (iOS) version XX
- [ ] Firefox version XX
- [ ] Safari (desktop) version XX
- [ ] Safari (iOS) version XX
- [ ] IE version XX
- [ ] Edge version XX