EQ Wealth Advisors LLC Increases Stock Holdings in Capital Group Core Bond ETF $CGCB

EQ Wealth Advisors LLC increased its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 407.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 123,931 shares of the company’s stock after purchasing an additional 99,492 shares during the quarter. Capital Group Core Bond ETF accounts for 1.9% of EQ Wealth Advisors LLC’s holdings, making the stock its 19th biggest holding. EQ Wealth Advisors LLC owned approximately 0.07% of Capital Group Core Bond ETF worth $3,254,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. UBS Group AG lifted its holdings in shares of Capital Group Core Bond ETF by 63.5% in the 4th quarter. UBS Group AG now owns 344,151 shares of the company’s stock worth $9,127,000 after acquiring an additional 133,670 shares during the last quarter. Prosperity Financial Group Inc. purchased a new position in shares of Capital Group Core Bond ETF during the 4th quarter worth about $1,133,000. Cauble & Harre Wealth Management Inc. bought a new position in Capital Group Core Bond ETF during the 4th quarter valued at about $1,218,000. Merit Financial Group LLC grew its holdings in Capital Group Core Bond ETF by 5.2% during 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 last quarter. Finally, Clear Point Advisors Inc. raised its position in Capital Group Core Bond ETF by 89.3% in the 4th quarter. Clear Point Advisors Inc. now owns 55,614 shares of the company’s stock worth $1,475,000 after purchasing an additional 26,232 shares during the period.

Capital Group Core Bond ETF Stock Down 0.0%

NYSEARCA CGCB traded down $0.01 during trading on Friday, hitting $26.04. The stock had a trading volume of 607,008 shares, compared to its average volume of 1,199,111. Capital Group Core Bond ETF has a one year low of $25.84 and a one year high of $26.91. The stock has a 50 day simple moving average of $26.16 and a 200 day simple moving average of $26.39.

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.