Sittner & Nelson LLC Takes Position in Capital Group Core Bond ETF $CGCB

Sittner & Nelson LLC bought a new stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) in the 4th quarter, Holdings Channel.com reports. The firm bought 26,374 shares of the company’s stock, valued at approximately $701,000.

Several other institutional investors and hedge funds have also bought and sold shares of CGCB. Capital International Investors increased its stake in 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. grew its holdings in shares of Capital Group Core Bond ETF by 22.3% in the third quarter. Envestnet Asset Management Inc. now owns 4,374,447 shares of the company’s stock worth $116,273,000 after purchasing an additional 797,548 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Capital Group Core Bond ETF by 2.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,889,956 shares of the company’s stock worth $103,162,000 after buying an additional 98,583 shares during the period. Raymond James Financial Inc. raised its holdings in Capital Group Core Bond ETF by 2.7% during the 3rd quarter. Raymond James Financial Inc. now owns 2,212,612 shares of the company’s stock valued at $58,811,000 after buying an additional 58,984 shares during the last quarter. Finally, Johnson Bixby & Associates LLC raised its holdings in Capital Group Core Bond ETF by 14,622.3% during the 4th quarter. Johnson Bixby & Associates LLC now owns 2,044,780 shares of the company’s stock valued at $54,228,000 after buying an additional 2,030,891 shares during the last quarter.

Capital Group Core Bond ETF Price Performance

Shares of Capital Group Core Bond ETF stock opened at $26.11 on Thursday. The company’s fifty day simple moving average is $26.25 and its two-hundred day simple moving average is $26.48. Capital Group Core Bond ETF has a 12-month low of $25.83 and a 12-month high of $26.91.

Capital Group Core Bond ETF Company 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.