NewCorp Financial Services Inc. Acquires Shares of 21,893 Capital Group Core Bond ETF $CGCB

NewCorp Financial Services Inc. acquired a new stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,893 shares of the company’s stock, valued at approximately $581,000. Capital Group Core Bond ETF comprises about 0.5% of NewCorp Financial Services Inc.’s investment portfolio, making the stock its 26th biggest holding.

Several other institutional investors have also added to or reduced their stakes in the business. Clear Point Advisors Inc. lifted its holdings in Capital Group Core Bond ETF by 89.3% during the fourth quarter. Clear Point Advisors Inc. now owns 55,614 shares of the company’s stock valued at $1,475,000 after purchasing an additional 26,232 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in 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 valued at $103,162,000 after purchasing an additional 98,583 shares during the last quarter. Godfrey Financial Associates Inc. purchased a new stake in Capital Group Core Bond ETF during the fourth quarter valued at about $73,000. IFG Advisory LLC lifted its holdings in Capital Group Core Bond ETF by 11.3% during the fourth quarter. IFG Advisory LLC now owns 60,124 shares of the company’s stock valued at $1,594,000 after purchasing an additional 6,113 shares during the last quarter. Finally, Kingsview Wealth Management LLC lifted its holdings in Capital Group Core Bond ETF by 10.2% during the fourth quarter. Kingsview Wealth Management LLC now owns 294,911 shares of the company’s stock valued at $7,821,000 after purchasing an additional 27,332 shares during the last quarter.

Capital Group Core Bond ETF Price Performance

NYSEARCA CGCB opened at $26.18 on Monday. Capital Group Core Bond ETF has a 52 week low of $25.83 and a 52 week high of $26.91. The firm’s 50-day simple moving average is $26.26 and its two-hundred day simple moving average is $26.49.

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.