Capital Group Core Bond ETF $CGCB Shares Acquired by Royal Bank of Canada

Royal Bank of Canada grew its position in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 11.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,908,053 shares of the company’s stock after acquiring an additional 200,800 shares during the period. Royal Bank of Canada’s holdings in Capital Group Core Bond ETF were worth $50,105,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Gateway Wealth Partners LLC increased its stake in shares of Capital Group Core Bond ETF by 391.1% in the 1st quarter. Gateway Wealth Partners LLC now owns 266,799 shares of the company’s stock valued at $7,006,000 after purchasing an additional 212,471 shares in the last quarter. Quadcap Wealth Management LLC boosted its position in Capital Group Core Bond ETF by 13.1% during the first quarter. Quadcap Wealth Management LLC now owns 900,863 shares of the company’s stock worth $23,657,000 after purchasing an additional 104,062 shares in the last quarter. Renaissance Technologies LLC purchased a new position in Capital Group Core Bond ETF during the first quarter worth approximately $572,000. Sei Investments Co. boosted its position in Capital Group Core Bond ETF by 33.6% during the first quarter. Sei Investments Co. now owns 2,501,744 shares of the company’s stock worth $65,696,000 after purchasing an additional 629,239 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in Capital Group Core Bond ETF by 17.7% in the first quarter. Cetera Investment Advisers now owns 3,932,344 shares of the company’s stock valued at $103,263,000 after purchasing an additional 591,197 shares during the period.

Capital Group Core Bond ETF Price Performance

Shares of CGCB stock opened at $25.75 on Monday. Capital Group Core Bond ETF has a 1-year low of $25.70 and a 1-year high of $26.91. The stock has a 50 day simple moving average of $26.10 and a 200-day simple moving average of $26.33.

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.