Janney Montgomery Scott LLC Has $7.45 Million Stake in Capital Group Core Bond ETF $CGCB

Janney Montgomery Scott LLC lifted its holdings in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 82.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 283,729 shares of the company’s stock after acquiring an additional 127,804 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.16% of Capital Group Core Bond ETF worth $7,451,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in CGCB. Jane Street Group LLC raised its stake in Capital Group Core Bond ETF by 124.2% in the 1st quarter. Jane Street Group LLC now owns 349,693 shares of the company’s stock valued at $9,190,000 after acquiring an additional 193,693 shares during the period. JPMorgan Chase & Co. lifted its holdings in Capital Group Core Bond ETF by 3.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 197,988 shares of the company’s stock valued at $5,207,000 after purchasing an additional 5,767 shares during the last quarter. XTX Topco Ltd bought a new position in Capital Group Core Bond ETF during the second quarter worth $203,000. NewEdge Advisors LLC boosted its position in Capital Group Core Bond ETF by 31.3% during the second quarter. NewEdge Advisors LLC now owns 170,961 shares of the company’s stock worth $4,496,000 after purchasing an additional 40,721 shares during the period. Finally, Sei Investments Co. increased its holdings in shares of Capital Group Core Bond ETF by 1,552.3% in the second quarter. Sei Investments Co. now owns 505,722 shares of the company’s stock valued at $13,300,000 after purchasing an additional 475,115 shares during the last quarter.

Capital Group Core Bond ETF Price Performance

Shares of CGCB opened at $26.17 on Friday. The company’s 50-day moving average is $26.19 and its 200-day moving average is $26.41. Capital Group Core Bond ETF has a fifty-two week low of $25.84 and a fifty-two week high of $26.91.

About Capital Group Core Bond ETF

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.