Capital Group Core Bond ETF $CGCB Shares Bought by NewEdge Advisors LLC

NewEdge Advisors LLC grew its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 6.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,175,481 shares of the company’s stock after buying an additional 73,215 shares during the period. NewEdge Advisors LLC owned 0.64% of Capital Group Core Bond ETF worth $30,868,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Security Financial Services INC. raised its position in shares of Capital Group Core Bond ETF by 21.3% in the 1st quarter. Security Financial Services INC. now owns 16,651 shares of the company’s stock worth $437,000 after buying an additional 2,921 shares during the period. J. Derek Lewis & Associates Inc. increased its stake in Capital Group Core Bond ETF by 19.8% during the first quarter. J. Derek Lewis & Associates Inc. now owns 458,658 shares of the company’s stock worth $12,044,000 after acquiring an additional 75,667 shares during the last quarter. Western Wealth Management LLC increased its stake in Capital Group Core Bond ETF by 11.5% during the first quarter. Western Wealth Management LLC now owns 135,369 shares of the company’s stock worth $3,555,000 after acquiring an additional 14,005 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Capital Group Core Bond ETF by 36.1% in the 1st quarter. Bank of America Corp DE now owns 3,646,178 shares of the company’s stock worth $95,749,000 after purchasing an additional 968,033 shares during the period. Finally, Sunbelt Securities Inc. raised its holdings in shares of Capital Group Core Bond ETF by 53.0% in the 1st quarter. Sunbelt Securities Inc. now owns 50,146 shares of the company’s stock worth $1,317,000 after purchasing an additional 17,365 shares during the period.

Capital Group Core Bond ETF Stock Up 0.3%

NYSEARCA CGCB opened at $25.90 on Friday. Capital Group Core Bond ETF has a 1-year low of $25.70 and a 1-year high of $26.91. The business’s 50-day simple moving average is $26.07 and its 200-day simple moving average is $26.31.

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.