Capital Group Core Bond ETF (NYSEARCA:CGCB) Shares Sold by Capital International Investors

Capital International Investors lessened its holdings in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 47.8% during the 1st quarter, Holdings Channel reports. The firm owned 527,000 shares of the company’s stock after selling 483,000 shares during the period. Capital International Investors owned approximately 0.06% of Capital Group Core Bond ETF worth $13,699,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in CGCB. Osaic Holdings Inc. raised its holdings in Capital Group Core Bond ETF by 161.1% in the first quarter. Osaic Holdings Inc. now owns 288,864 shares of the company’s stock valued at $7,508,000 after acquiring an additional 178,221 shares in the last quarter. Kingsview Wealth Management LLC raised its holdings in Capital Group Core Bond ETF by 162.3% in the first quarter. Kingsview Wealth Management LLC now owns 51,720 shares of the company’s stock valued at $1,344,000 after acquiring an additional 32,002 shares in the last quarter. Delta Investment Management LLC acquired a new stake in Capital Group Core Bond ETF in the first quarter valued at approximately $1,269,000. Avantax Advisory Services Inc. acquired a new stake in Capital Group Core Bond ETF in the first quarter valued at approximately $298,000. Finally, Concourse Financial Group Securities Inc. acquired a new stake in Capital Group Core Bond ETF in the first quarter valued at approximately $73,000.

Capital Group Core Bond ETF Stock Up 0.4 %

NYSEARCA:CGCB traded up $0.10 during mid-day trading on Friday, hitting $26.23. The stock had a trading volume of 212,733 shares, compared to its average volume of 230,598. The stock has a 50-day simple moving average of $25.95 and a two-hundred day simple moving average of $25.90. Capital Group Core Bond ETF has a twelve month low of $24.42 and a twelve month high of $26.77.

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.