NewEdge Advisors LLC Increases Holdings in Capital Group Core Bond ETF $CGCB

NewEdge Advisors LLC boosted its stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 6.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,175,481 shares of the company’s stock after purchasing an additional 73,215 shares during the period. NewEdge Advisors LLC’s holdings in Capital Group Core Bond ETF were worth $30,868,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Jane Street Group LLC boosted its position in shares of Capital Group Core Bond ETF by 124.2% in the first quarter. Jane Street Group LLC now owns 349,693 shares of the company’s stock worth $9,190,000 after buying an additional 193,693 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Capital Group Core Bond ETF by 3.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 197,988 shares of the company’s stock valued at $5,207,000 after buying an additional 5,767 shares during the period. XTX Topco Ltd acquired a new position in Capital Group Core Bond ETF during the 2nd quarter worth approximately $203,000. Sei Investments Co. boosted its holdings in Capital Group Core Bond ETF by 1,552.3% in the 2nd quarter. Sei Investments Co. now owns 505,722 shares of the company’s stock worth $13,300,000 after acquiring an additional 475,115 shares during the period. Finally, Raymond James Financial Inc. boosted its holdings in Capital Group Core Bond ETF by 35.5% in the 2nd quarter. Raymond James Financial Inc. now owns 2,153,628 shares of the company’s stock worth $56,640,000 after acquiring an additional 564,095 shares during the period.

Capital Group Core Bond ETF Stock Up 0.3%

Shares of NYSEARCA:CGCB opened at $25.90 on Friday. The company has a 50 day moving average of $26.07 and a two-hundred day moving average of $26.31. Capital Group Core Bond ETF has a 52-week low of $25.70 and a 52-week 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.