Leverty Financial Group LLC Trims Stake in Capital Group Core Bond ETF $CGCB

Leverty Financial Group LLC lessened its holdings in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 3.7% in the second quarter, according to its most recent filing with the SEC. The firm owned 1,624,806 shares of the company’s stock after selling 61,721 shares during the period. Capital Group Core Bond ETF accounts for 8.3% of Leverty Financial Group LLC’s portfolio, making the stock its 3rd largest position. Leverty Financial Group LLC owned 0.76% of Capital Group Core Bond ETF worth $42,537,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cauble & Harre Wealth Management Inc. acquired a new stake in shares of Capital Group Core Bond ETF during the fourth quarter worth $1,218,000. UBS Group AG increased its holdings in 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 during the last quarter. Merit Financial Group LLC lifted its stake in Capital Group Core Bond ETF by 5.2% in the fourth quarter. Merit Financial Group LLC now owns 2,035,628 shares of the company’s stock valued at $53,985,000 after buying an additional 99,718 shares during the period. Sunpointe LLC lifted its stake in Capital Group Core Bond ETF by 142.8% in the fourth quarter. Sunpointe LLC now owns 200,827 shares of the company’s stock valued at $5,326,000 after buying an additional 118,099 shares during the period. Finally, Clear Point Advisors Inc. lifted its stake in Capital Group Core Bond ETF by 89.3% in the fourth quarter. Clear Point Advisors Inc. now owns 55,614 shares of the company’s stock valued at $1,475,000 after buying an additional 26,232 shares during the period.

Capital Group Core Bond ETF Stock Performance

Shares of CGCB opened at $25.85 on Wednesday. Capital Group Core Bond ETF has a 1 year low of $25.70 and a 1 year high of $26.91. The stock’s 50-day moving average price is $26.06 and its two-hundred day moving average price is $26.30.

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.