J. Derek Lewis & Associates Inc. boosted its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB – Free Report) by 19.8% in the first quarter, HoldingsChannel reports. The firm owned 458,658 shares of the company’s stock after purchasing an additional 75,667 shares during the quarter. Capital Group Core Bond ETF accounts for about 2.7% of J. Derek Lewis & Associates Inc.’s holdings, making the stock its 13th largest holding. J. Derek Lewis & Associates Inc.’s holdings in Capital Group Core Bond ETF were worth $12,044,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently modified their holdings of CGCB. Summit Global Investments raised its position in shares of Capital Group Core Bond ETF by 4.2% in the first quarter. Summit Global Investments now owns 14,133 shares of the company’s stock valued at $371,000 after purchasing an additional 565 shares during the period. Sigma Planning Corp lifted its stake in shares of Capital Group Core Bond ETF by 2.2% during the 4th quarter. Sigma Planning Corp now owns 26,063 shares of the company’s stock worth $691,000 after buying an additional 567 shares during the last quarter. IFP Advisors Inc boosted its holdings 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. Pines Wealth Management LLC boosted its holdings in shares of Capital Group Core Bond ETF by 2.3% during the 4th quarter. Pines Wealth Management LLC now owns 39,085 shares of the company’s stock worth $1,037,000 after buying an additional 888 shares during the period. Finally, Advisortrust Partners LLC acquired a new position in Capital Group Core Bond ETF in the 1st quarter valued at about $27,000.
Capital Group Core Bond ETF Price Performance
Capital Group Core Bond ETF stock opened at $25.92 on Friday. Capital Group Core Bond ETF has a twelve month low of $25.82 and a twelve month high of $26.91. The company’s 50-day moving average price is $26.11 and its two-hundred day moving average price is $26.34.
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.
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Want to see what other hedge funds are holding CGCB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Core Bond ETF (NYSEARCA:CGCB – Free Report).
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