KPP Advisory Services LLC Lowers Stake in Capital Group Core Bond ETF (NYSEARCA:CGCB)

KPP Advisory Services LLC lessened its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 1.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 67,756 shares of the company’s stock after selling 1,325 shares during the period. KPP Advisory Services LLC owned approximately 0.09% of Capital Group Core Bond ETF worth $1,781,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in CGCB. Allworth Financial LP purchased a new stake in Capital Group Core Bond ETF during the fourth quarter valued at about $53,000. Truist Financial Corp purchased a new stake in Capital Group Core Bond ETF during the fourth quarter valued at about $921,000. Global Retirement Partners LLC grew its position in Capital Group Core Bond ETF by 24.0% during the fourth quarter. Global Retirement Partners LLC now owns 7,332 shares of the company’s stock valued at $189,000 after acquiring an additional 1,421 shares during the period. Sigma Planning Corp grew its position in Capital Group Core Bond ETF by 5.3% during the fourth quarter. Sigma Planning Corp now owns 28,549 shares of the company’s stock valued at $736,000 after acquiring an additional 1,436 shares during the period. Finally, Kovack Advisors Inc. grew its position in Capital Group Core Bond ETF by 11.0% during the fourth quarter. Kovack Advisors Inc. now owns 8,873 shares of the company’s stock valued at $229,000 after acquiring an additional 876 shares during the period.

Capital Group Core Bond ETF Stock Performance

Shares of CGCB opened at $26.29 on Thursday. The stock’s 50-day moving average is $26.03 and its two-hundred day moving average is $26.02. Capital Group Core Bond ETF has a 12 month low of $25.45 and a 12 month high of $27.24.

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.