Independent Financial Group LLC acquired a new stake in Capital Group Core Bond ETF (NYSEARCA:CGCB – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 89,412 shares of the company’s stock, valued at approximately $2,348,000.
A number of other institutional investors and hedge funds have also made changes to their positions in CGCB. IFP Advisors Inc raised its stake 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 worth $28,000 after buying an additional 880 shares during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in Capital Group Core Bond ETF in the 4th quarter valued at $43,000. Godfrey Financial Associates Inc. purchased a new stake in Capital Group Core Bond ETF in the 4th quarter worth $73,000. Fifth Third Bancorp purchased a new stake in Capital Group Core Bond ETF in the 4th quarter worth $98,000. Finally, Geneos Wealth Management Inc. raised its position in Capital Group Core Bond ETF by 35.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 6,870 shares of the company’s stock worth $182,000 after acquiring an additional 1,799 shares during the period.
Capital Group Core Bond ETF Stock Up 0.1%
CGCB opened at $26.08 on Friday. The firm’s fifty day simple moving average is $26.13 and its two-hundred day simple moving average is $26.38. Capital Group Core Bond ETF has a 52-week low of $25.84 and a 52-week high of $26.91.
Capital Group Core Bond ETF 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.
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