Kingsview Wealth Management LLC Grows Stake in Capital Group Core Bond ETF $CGCB

Kingsview Wealth Management LLC boosted its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 10.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 294,911 shares of the company’s stock after acquiring an additional 27,332 shares during the quarter. Kingsview Wealth Management LLC owned about 0.20% of Capital Group Core Bond ETF worth $7,821,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Capital International Investors boosted its holdings in shares of Capital Group Core Bond ETF by 92.3% in the 3rd quarter. Capital International Investors now owns 19,008,607 shares of the company’s stock worth $505,249,000 after purchasing an additional 9,125,578 shares during the period. Envestnet Asset Management Inc. raised its holdings in Capital Group Core Bond ETF by 22.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,374,447 shares of the company’s stock valued at $116,273,000 after buying an additional 797,548 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Capital Group Core Bond ETF by 8.2% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,791,373 shares of the company’s stock valued at $100,775,000 after buying an additional 286,834 shares during the period. Raymond James Financial Inc. lifted its position in Capital Group Core Bond ETF by 2.7% in the third quarter. Raymond James Financial Inc. now owns 2,212,612 shares of the company’s stock worth $58,811,000 after buying an additional 58,984 shares during the last quarter. Finally, Johnson Bixby & Associates LLC lifted its position in Capital Group Core Bond ETF by 14,622.3% in the fourth quarter. Johnson Bixby & Associates LLC now owns 2,044,780 shares of the company’s stock worth $54,228,000 after buying an additional 2,030,891 shares during the last quarter.

Capital Group Core Bond ETF Trading Up 0.2%

CGCB stock opened at $26.24 on Friday. Capital Group Core Bond ETF has a twelve month low of $25.83 and a twelve month high of $26.91. The firm’s fifty day simple moving average is $26.27 and its two-hundred day simple moving average is $26.49.

Capital Group Core Bond ETF Profile

The Capital Group Core Bond ETF (CGCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in US and non-US bonds rated as investment grade. Holdings may also include other debt securities and derivatives. CGCB was launched on Sep 26, 2023 and is issued by Capital Group.