Sovran Advisors LLC Has $10.40 Million Stock Holdings in Capital Group Core Bond ETF $CGCB

Sovran Advisors LLC increased its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 7.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 396,846 shares of the company’s stock after acquiring an additional 28,961 shares during the period. Capital Group Core Bond ETF comprises approximately 0.8% of Sovran Advisors LLC’s portfolio, making the stock its 26th biggest holding. Sovran Advisors LLC’s holdings in Capital Group Core Bond ETF were worth $10,397,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Lantern Wealth Advisors LLC raised its stake in shares of Capital Group Core Bond ETF by 4.9% during the 3rd quarter. Lantern Wealth Advisors LLC now owns 9,104 shares of the company’s stock worth $242,000 after purchasing an additional 425 shares in the last quarter. Sigma Planning Corp raised its position in Capital Group Core Bond ETF by 2.2% during the fourth quarter. Sigma Planning Corp now owns 26,063 shares of the company’s stock valued at $691,000 after acquiring an additional 567 shares in the last quarter. Aurdan Capital Management LLC raised its position in Capital Group Core Bond ETF by 2.5% during the fourth quarter. Aurdan Capital Management LLC now owns 32,048 shares of the company’s stock valued at $850,000 after acquiring an additional 780 shares in the last quarter. IFP Advisors Inc lifted its stake in Capital Group Core Bond ETF by 473.1% in the third quarter. IFP Advisors Inc now owns 1,066 shares of the company’s stock valued at $28,000 after acquiring an additional 880 shares during the last quarter. Finally, Pines Wealth Management LLC grew its position in Capital Group Core Bond ETF by 2.3% in the fourth quarter. Pines Wealth Management LLC now owns 39,085 shares of the company’s stock worth $1,037,000 after acquiring an additional 888 shares in the last quarter.

Capital Group Core Bond ETF Stock Performance

Shares of CGCB traded down $0.01 during mid-day trading on Friday, hitting $26.04. 607,008 shares of the company’s stock were exchanged, compared to its average volume of 1,199,111. The firm has a fifty day moving average of $26.16 and a two-hundred day moving average of $26.39. Capital Group Core Bond ETF has a twelve month low of $25.84 and a twelve month high of $26.91.

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.