BIP Wealth LLC Acquires 134,809 Shares of Capital Group Core Bond ETF $CGCB

BIP Wealth LLC boosted its stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 26.5% during the 1st quarter, HoldingsChannel.com reports. The fund owned 643,490 shares of the company’s stock after purchasing an additional 134,809 shares during the quarter. BIP Wealth LLC’s holdings in Capital Group Core Bond ETF were worth $16,898,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Jane Street Group LLC raised its holdings in 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 worth $9,190,000 after purchasing an additional 193,693 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Capital Group Core Bond ETF by 3.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 197,988 shares of the company’s stock worth $5,207,000 after acquiring an additional 5,767 shares in the last quarter. XTX Topco Ltd purchased a new position in shares of Capital Group Core Bond ETF in the 2nd quarter valued at approximately $203,000. NewEdge Advisors LLC lifted its stake in shares of Capital Group Core Bond ETF by 31.3% in the 2nd quarter. NewEdge Advisors LLC now owns 170,961 shares of the company’s stock valued at $4,496,000 after purchasing an additional 40,721 shares during the period. Finally, Sei Investments Co. boosted its position in shares of Capital Group Core Bond ETF by 1,552.3% during the second quarter. Sei Investments Co. now owns 505,722 shares of the company’s stock valued at $13,300,000 after purchasing an additional 475,115 shares in the last quarter.

Capital Group Core Bond ETF Price Performance

Shares of CGCB stock opened at $26.17 on Friday. The business’s fifty day moving average is $26.19 and its 200 day moving average is $26.41. Capital Group Core Bond ETF has a twelve month low of $25.84 and a twelve month high of $26.91.

About Capital Group Core Bond ETF

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.