LPL Financial LLC Buys 5,195,824 Shares of Capital Group Core Bond ETF $CGCB

LPL Financial LLC increased its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 30.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,259,688 shares of the company’s stock after acquiring an additional 5,195,824 shares during the period. LPL Financial LLC owned about 14.80% of Capital Group Core Bond ETF worth $590,327,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of CGCB. Capital International Investors raised its holdings in Capital Group Core Bond ETF by 92.3% during the third quarter. Capital International Investors now owns 19,008,607 shares of the company’s stock worth $505,249,000 after acquiring an additional 9,125,578 shares in the last quarter. Johnson Bixby & Associates LLC raised its stake in Capital Group Core Bond ETF by 14,622.3% in the fourth quarter. Johnson Bixby & Associates LLC now owns 2,044,780 shares of the company’s stock valued at $54,228,000 after buying an additional 2,030,891 shares during the period. Aprio Wealth Management LLC bought a new stake in Capital Group Core Bond ETF in the fourth quarter valued at approximately $25,716,000. Bank of America Corp DE raised its stake in Capital Group Core Bond ETF by 269.8% in the second quarter. Bank of America Corp DE now owns 1,203,357 shares of the company’s stock valued at $31,648,000 after buying an additional 877,912 shares during the period. Finally, Quadcap Wealth Management LLC bought a new stake in Capital Group Core Bond ETF in the fourth quarter valued at approximately $21,121,000.

Capital Group Core Bond ETF Stock Performance

NYSEARCA:CGCB opened at $26.02 on Tuesday. The stock’s 50 day moving average price is $26.24 and its two-hundred day moving average price is $26.47. Capital Group Core Bond ETF has a 12-month low of $25.84 and a 12-month 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.