Capital Group Core Bond ETF $CGCB Shares Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC lifted its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 51.2% during the 1st quarter, HoldingsChannel.com reports. The firm owned 477,772 shares of the company’s stock after buying an additional 161,714 shares during the quarter. Kestra Advisory Services LLC’s holdings in Capital Group Core Bond ETF were worth $12,546,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. LPL Financial LLC increased its holdings in 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 buying an additional 5,195,824 shares during the last quarter. Capital International Investors raised its stake in 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 valued at $627,199,000 after buying an additional 4,641,432 shares in the last quarter. Johnson Bixby & Associates LLC grew its position 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. Wells Fargo & Company MN grew its position in shares of Capital Group Core Bond ETF by 92.5% in the 4th quarter. Wells Fargo & Company MN now owns 2,905,361 shares of the company’s stock worth $77,050,000 after acquiring an additional 1,395,908 shares in the last quarter. Finally, Aprio Wealth Management LLC bought a new stake in shares of Capital Group Core Bond ETF in the 4th quarter valued at approximately $25,716,000.

Capital Group Core Bond ETF Price Performance

CGCB stock opened at $26.04 on Monday. Capital Group Core Bond ETF has a 12-month low of $25.84 and a 12-month high of $26.91. The stock’s 50 day simple moving average is $26.16 and its 200 day simple moving average is $26.39.

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.