Quadcap Wealth Management LLC Has $23.66 Million Stock Holdings in Capital Group Core Bond ETF $CGCB

Quadcap Wealth Management LLC raised its holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 13.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 900,863 shares of the company’s stock after buying an additional 104,062 shares during the quarter. Capital Group Core Bond ETF accounts for 2.7% of Quadcap Wealth Management LLC’s investment portfolio, making the stock its 4th largest holding. Quadcap Wealth Management LLC owned about 0.49% of Capital Group Core Bond ETF worth $23,657,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Advisortrust Partners LLC acquired a new stake in shares of Capital Group Core Bond ETF during the 1st quarter worth approximately $27,000. IFP Advisors Inc lifted its position in shares of Capital Group Core Bond ETF by 473.1% during the 3rd quarter. IFP Advisors Inc now owns 1,066 shares of the company’s stock valued at $28,000 after acquiring an additional 880 shares during the period. Legacy Wealth Managment LLC ID bought a new position in Capital Group Core Bond ETF during the first quarter worth $37,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in Capital Group Core Bond ETF during the fourth quarter worth $43,000. Finally, Godfrey Financial Associates Inc. bought a new position in Capital Group Core Bond ETF during the fourth quarter worth $73,000.

Capital Group Core Bond ETF Stock Performance

NYSEARCA:CGCB opened at $25.86 on Friday. Capital Group Core Bond ETF has a 12 month low of $25.82 and a 12 month high of $26.91. The firm has a fifty day simple moving average of $26.11 and a two-hundred day simple moving average of $26.35.

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.