Apollon Wealth Management LLC Purchases 67,099 Shares of Capital Group Core Bond ETF $CGCB

Apollon Wealth Management LLC raised its position in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 45.3% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 215,320 shares of the company’s stock after buying an additional 67,099 shares during the quarter. Apollon Wealth Management LLC’s holdings in Capital Group Core Bond ETF were worth $5,654,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in CGCB. Jane Street Group LLC increased its stake in shares of Capital Group Core Bond ETF by 124.2% in the 1st quarter. Jane Street Group LLC now owns 349,693 shares of the company’s stock valued at $9,190,000 after purchasing an additional 193,693 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Capital Group Core Bond ETF by 3.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 197,988 shares of the company’s stock worth $5,207,000 after buying an additional 5,767 shares during the last quarter. XTX Topco Ltd bought a new stake in shares of Capital Group Core Bond ETF during the 2nd quarter worth $203,000. NewEdge Advisors LLC boosted its stake in Capital Group Core Bond ETF by 31.3% in the second quarter. NewEdge Advisors LLC now owns 170,961 shares of the company’s stock valued at $4,496,000 after buying an additional 40,721 shares in the last quarter. Finally, Sei Investments Co. boosted its stake in Capital Group Core Bond ETF by 1,552.3% in the second quarter. Sei Investments Co. now owns 505,722 shares of the company’s stock valued at $13,300,000 after buying an additional 475,115 shares in the last quarter.

Capital Group Core Bond ETF Trading Down 0.3%

Capital Group Core Bond ETF stock opened at $26.30 on Tuesday. Capital Group Core Bond ETF has a 12-month low of $25.84 and a 12-month high of $26.91. The business’s 50-day moving average price is $26.21 and its two-hundred day moving average price is $26.42.

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.