Capital Group Core Bond ETF $CGCB Shares Acquired by Compton Financial Group LLC

Compton Financial Group LLC increased its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 2,718.2% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 335,482 shares of the company’s stock after acquiring an additional 323,578 shares during the period. Capital Group Core Bond ETF makes up about 1.9% of Compton Financial Group LLC’s investment portfolio, making the stock its 13th largest position. Compton Financial Group LLC’s holdings in Capital Group Core Bond ETF were worth $8,810,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in CGCB. Capital International Investors raised its stake in shares of Capital Group Core Bond ETF by 24.4% during the fourth quarter. Capital International Investors now owns 23,650,039 shares of the company’s stock worth $627,199,000 after purchasing an additional 4,641,432 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of Capital Group Core Bond ETF by 30.4% in the fourth quarter. LPL Financial LLC now owns 22,259,688 shares of the company’s stock valued at $590,327,000 after acquiring an additional 5,195,824 shares in the last quarter. Morgan Stanley boosted its holdings in shares of Capital Group Core Bond ETF by 13.2% in the fourth quarter. Morgan Stanley now owns 7,751,877 shares of the company’s stock valued at $205,580,000 after acquiring an additional 902,837 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Capital Group Core Bond ETF by 2.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,889,956 shares of the company’s stock worth $103,162,000 after acquiring an additional 98,583 shares during the period. Finally, Cetera Investment Advisers increased its stake in shares of Capital Group Core Bond ETF by 17.3% during the fourth quarter. Cetera Investment Advisers now owns 3,341,147 shares of the company’s stock worth $88,607,000 after acquiring an additional 492,018 shares during the period.

Capital Group Core Bond ETF Price Performance

NYSEARCA CGCB opened at $26.17 on Monday. Capital Group Core Bond ETF has a 52-week low of $25.84 and a 52-week high of $26.91. The firm has a 50-day moving average price of $26.19 and a 200 day moving average price of $26.41.

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.