Capital Group Core Bond ETF $CGCB Shares Acquired by Capital International Investors

Capital International Investors raised its holdings in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 24.4% in the 4th quarter, HoldingsChannel reports. The fund owned 23,650,039 shares of the company’s stock after buying an additional 4,641,432 shares during the quarter. Capital International Investors owned 0.16% of Capital Group Core Bond ETF worth $627,199,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its position in shares of 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 valued at $103,162,000 after purchasing an additional 98,583 shares during the period. Raymond James Financial Inc. boosted its position in shares of 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 valued at $58,811,000 after purchasing an additional 58,984 shares during the period. Johnson Bixby & Associates LLC boosted its position in shares of 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 valued at $54,228,000 after purchasing an additional 2,030,891 shares during the period. Merit Financial Group LLC boosted its position in shares of Capital Group Core Bond ETF by 5.2% in the 4th quarter. Merit Financial Group LLC now owns 2,035,628 shares of the company’s stock valued at $53,985,000 after purchasing an additional 99,718 shares during the period. Finally, Bank of America Corp DE boosted its position in shares of Capital Group Core Bond ETF by 65.6% in the 3rd quarter. Bank of America Corp DE now owns 1,992,684 shares of the company’s stock valued at $52,966,000 after purchasing an additional 789,327 shares during the period.

Capital Group Core Bond ETF Price Performance

Shares of NYSEARCA CGCB opened at $26.02 on Monday. Capital Group Core Bond ETF has a 52-week low of $25.83 and a 52-week high of $26.91. The business has a 50-day moving average price of $26.25 and a 200 day moving average price of $26.47.

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.