Capital Group Core Bond ETF $CGCB Shares Purchased by Clear Point Advisors Inc.

Clear Point Advisors Inc. boosted its holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 89.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 55,614 shares of the company’s stock after buying an additional 26,232 shares during the period. Capital Group Core Bond ETF accounts for approximately 1.1% of Clear Point Advisors Inc.’s holdings, making the stock its 19th largest holding. Clear Point Advisors Inc.’s holdings in Capital Group Core Bond ETF were worth $1,475,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Capital International Investors boosted its stake in Capital Group Core Bond ETF by 92.3% in the 3rd quarter. Capital International Investors now owns 19,008,607 shares of the company’s stock worth $505,249,000 after buying an additional 9,125,578 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Capital Group Core Bond ETF by 22.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,374,447 shares of the company’s stock worth $116,273,000 after buying an additional 797,548 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Capital Group Core Bond ETF by 2.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,889,956 shares of the company’s stock worth $103,162,000 after buying an additional 98,583 shares during the last quarter. Raymond James Financial Inc. boosted its stake in Capital Group Core Bond ETF by 2.7% in the 3rd quarter. Raymond James Financial Inc. now owns 2,212,612 shares of the company’s stock worth $58,811,000 after buying an additional 58,984 shares during the last quarter. Finally, Johnson Bixby & Associates LLC boosted its stake in Capital Group Core Bond ETF by 14,622.3% in the 4th quarter. Johnson Bixby & Associates LLC now owns 2,044,780 shares of the company’s stock worth $54,228,000 after buying an additional 2,030,891 shares during the last quarter.

Capital Group Core Bond ETF Price Performance

Shares of NYSEARCA:CGCB opened at $26.18 on Monday. The stock’s 50-day moving average price is $26.26 and its two-hundred day moving average price is $26.49. Capital Group Core Bond ETF has a 12-month low of $25.83 and a 12-month high of $26.91.

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.