NerdWallet Wealth Partners LLC Raises Stock Holdings in Capital Group Core Bond ETF $CGCB

NerdWallet Wealth Partners LLC raised its stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 44.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 502,744 shares of the company’s stock after acquiring an additional 155,626 shares during the quarter. Capital Group Core Bond ETF comprises approximately 5.8% of NerdWallet Wealth Partners LLC’s investment portfolio, making the stock its 5th biggest holding. NerdWallet Wealth Partners LLC’s holdings in Capital Group Core Bond ETF were worth $13,202,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. IFP Advisors Inc lifted its position in shares of Capital Group Core Bond ETF by 473.1% during the third quarter. IFP Advisors Inc now owns 1,066 shares of the company’s stock worth $28,000 after purchasing an additional 880 shares in the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in Capital Group Core Bond ETF in the 4th quarter valued at $43,000. Godfrey Financial Associates Inc. acquired a new stake in shares of Capital Group Core Bond ETF in the 4th quarter valued at $73,000. Fifth Third Bancorp acquired a new stake in shares of Capital Group Core Bond ETF in the 4th quarter valued at $98,000. Finally, Geneos Wealth Management Inc. raised its position in shares of Capital Group Core Bond ETF by 35.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 6,870 shares of the company’s stock worth $182,000 after acquiring an additional 1,799 shares during the last quarter.

Capital Group Core Bond ETF Stock Up 0.2%

Shares of CGCB opened at $26.07 on Thursday. Capital Group Core Bond ETF has a 12-month low of $25.84 and a 12-month high of $26.91. The stock’s fifty day simple moving average is $26.14 and its 200-day simple moving average is $26.38.

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.