HighTower Advisors LLC Has $3.21 Million Stock Position in Capital Group Core Bond ETF $CGCB

HighTower Advisors LLC raised its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 163.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 121,015 shares of the company’s stock after purchasing an additional 75,127 shares during the quarter. HighTower Advisors LLC owned 0.08% of Capital Group Core Bond ETF worth $3,209,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Capital International Investors boosted its holdings in shares of Capital Group Core Bond ETF by 92.3% in the 3rd quarter. Capital International Investors now owns 19,008,607 shares of the company’s stock worth $505,249,000 after acquiring an additional 9,125,578 shares in the last quarter. Johnson Bixby & Associates LLC boosted its holdings 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 worth $54,228,000 after acquiring an additional 2,030,891 shares in the last quarter. Aprio Wealth Management LLC acquired a new position in shares of Capital Group Core Bond ETF in the 4th quarter worth approximately $25,716,000. Bank of America Corp DE boosted its holdings in shares of Capital Group Core Bond ETF by 269.8% in the 2nd quarter. Bank of America Corp DE now owns 1,203,357 shares of the company’s stock worth $31,648,000 after acquiring an additional 877,912 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Capital Group Core Bond ETF by 22.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,374,447 shares of the company’s stock worth $116,273,000 after acquiring an additional 797,548 shares in the last quarter.

Capital Group Core Bond ETF Price Performance

Shares of CGCB opened at $26.18 on Friday. Capital Group Core Bond ETF has a one year low of $25.83 and a one year high of $26.91. The business’s 50 day simple moving average is $26.26 and its 200-day simple moving average is $26.49.

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.