Valmark Advisers Inc. Has $54.06 Million Stock Position in Capital Group Core Bond ETF $CGCB

Valmark Advisers Inc. lifted its position in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 82.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,058,831 shares of the company’s stock after acquiring an additional 930,871 shares during the period. Valmark Advisers Inc. owned about 1.12% of Capital Group Core Bond ETF worth $54,065,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in CGCB. UBS Group AG lifted its holdings in shares of Capital Group Core Bond ETF by 63.5% in the fourth quarter. UBS Group AG now owns 344,151 shares of the company’s stock valued at $9,127,000 after purchasing an additional 133,670 shares in the last quarter. Prosperity Financial Group Inc. purchased a new position in shares of Capital Group Core Bond ETF during the fourth quarter valued at $1,133,000. Cauble & Harre Wealth Management Inc. purchased a new position in shares of Capital Group Core Bond ETF during the fourth quarter valued at $1,218,000. Saxony Capital Management LLC lifted its stake in Capital Group Core Bond ETF by 49.6% in the 4th quarter. Saxony Capital Management LLC now owns 121,302 shares of the company’s stock worth $3,217,000 after acquiring an additional 40,221 shares in the last quarter. Finally, Sunpointe LLC boosted its position in Capital Group Core Bond ETF by 142.8% during the 4th quarter. Sunpointe LLC now owns 200,827 shares of the company’s stock worth $5,326,000 after acquiring an additional 118,099 shares during the period.

Capital Group Core Bond ETF Trading Down 0.0%

NYSEARCA CGCB traded down $0.01 during trading on Friday, reaching $26.04. 607,008 shares of the company’s stock were exchanged, compared to its average volume of 1,199,111. Capital Group Core Bond ETF has a fifty-two week low of $25.84 and a fifty-two week high of $26.91. The company’s fifty day simple moving average is $26.16 and its 200-day simple moving average is $26.39.

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.