Clear Trail Advisors LLC Invests $14.77 Million in Capital Group Core Bond ETF $CGCB

Clear Trail Advisors LLC purchased a new position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 562,285 shares of the company’s stock, valued at approximately $14,766,000. Capital Group Core Bond ETF comprises about 2.5% of Clear Trail Advisors LLC’s investment portfolio, making the stock its 11th largest position. Clear Trail Advisors LLC owned 0.32% of Capital Group Core Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of CGCB. Capital International Investors raised its stake in Capital Group Core Bond ETF by 24.4% in the 4th quarter. Capital International Investors now owns 23,650,039 shares of the company’s stock valued at $627,199,000 after purchasing an additional 4,641,432 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Capital Group Core Bond ETF by 30.4% during the fourth quarter. LPL Financial LLC now owns 22,259,688 shares of the company’s stock worth $590,327,000 after buying an additional 5,195,824 shares in the last quarter. Morgan Stanley raised its position in shares of Capital Group Core Bond ETF by 13.2% in the fourth quarter. Morgan Stanley now owns 7,751,877 shares of the company’s stock valued at $205,580,000 after buying an additional 902,837 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Capital Group Core Bond ETF by 2.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,889,956 shares of the company’s stock valued at $103,162,000 after buying an additional 98,583 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of Capital Group Core Bond ETF by 17.3% in the fourth quarter. Cetera Investment Advisers now owns 3,341,147 shares of the company’s stock worth $88,607,000 after buying an additional 492,018 shares in the last quarter.

Capital Group Core Bond ETF Stock Performance

CGCB opened at $26.17 on Tuesday. Capital Group Core Bond ETF has a twelve month low of $25.84 and a twelve month high of $26.91. The firm’s 50-day moving average price is $26.22 and its 200 day moving average price is $26.43.

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.