Capital Group Core Bond ETF $CGCB Shares Sold by American Financial Advisors LLC

American Financial Advisors LLC reduced its position in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 2.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 691,505 shares of the company’s stock after selling 19,465 shares during the quarter. Capital Group Core Bond ETF comprises about 2.4% of American Financial Advisors LLC’s investment portfolio, making the stock its 14th biggest position. American Financial Advisors LLC owned 0.38% of Capital Group Core Bond ETF worth $18,159,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CGCB. Advisortrust Partners LLC purchased a new position in shares of Capital Group Core Bond ETF in the 1st quarter worth about $27,000. IFP Advisors Inc lifted its stake in shares of Capital Group Core Bond ETF by 473.1% in the 3rd quarter. IFP Advisors Inc now owns 1,066 shares of the company’s stock valued at $28,000 after purchasing an additional 880 shares in the last quarter. Legacy Wealth Managment LLC ID purchased a new stake in shares of Capital Group Core Bond ETF during the 1st quarter worth about $37,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of Capital Group Core Bond ETF during the 4th quarter worth about $43,000. Finally, Godfrey Financial Associates Inc. purchased a new stake in shares of Capital Group Core Bond ETF during the 4th quarter worth about $73,000.

Capital Group Core Bond ETF Price Performance

CGCB opened at $25.91 on Thursday. Capital Group Core Bond ETF has a 1 year low of $25.84 and a 1 year high of $26.91. The firm has a 50 day moving average price of $26.12 and a 200 day moving average price of $26.36.

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.