Cetera Investment Advisers Boosts Stock Holdings in Capital Group Core Bond ETF $CGCB

Cetera Investment Advisers grew its holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 17.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,932,344 shares of the company’s stock after purchasing an additional 591,197 shares during the period. Cetera Investment Advisers owned approximately 2.14% of Capital Group Core Bond ETF worth $103,263,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Advisortrust Partners LLC purchased a new position in Capital Group Core Bond ETF in the 1st quarter valued at approximately $27,000. IFP Advisors Inc lifted its position in shares of Capital Group Core Bond ETF by 473.1% during the third quarter. IFP Advisors Inc now owns 1,066 shares of the company’s stock worth $28,000 after acquiring an additional 880 shares in the last quarter. Legacy Wealth Managment LLC ID bought a new position in shares of Capital Group Core Bond ETF in the first quarter worth $37,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of Capital Group Core Bond ETF in the fourth quarter worth $43,000. Finally, Godfrey Financial Associates Inc. purchased a new position in shares of Capital Group Core Bond ETF in the fourth quarter valued at $73,000.

Capital Group Core Bond ETF Trading Down 0.3%

NYSEARCA:CGCB opened at $25.84 on Friday. Capital Group Core Bond ETF has a 52-week low of $25.82 and a 52-week high of $26.91. The business’s fifty day moving average is $26.11 and its 200 day moving average is $26.36.

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.