LPL Financial LLC Has $590.33 Million Stake in Capital Group Core Bond ETF $CGCB

LPL Financial LLC grew its position in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 30.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 22,259,688 shares of the company’s stock after purchasing an additional 5,195,824 shares during the period. LPL Financial LLC owned 0.15% of Capital Group Core Bond ETF worth $590,327,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Sunpointe LLC grew its position in Capital Group Core Bond ETF by 501.0% during the third quarter. Sunpointe LLC now owns 82,728 shares of the company’s stock worth $2,199,000 after buying an additional 68,964 shares in the last quarter. Sovran Advisors LLC grew its position in Capital Group Core Bond ETF by 12.4% during the fourth quarter. Sovran Advisors LLC now owns 367,885 shares of the company’s stock worth $9,782,000 after buying an additional 40,652 shares in the last quarter. Diversify Advisory Services LLC acquired a new stake in Capital Group Core Bond ETF during the fourth quarter worth approximately $1,281,000. Merit Financial Group LLC grew its position in Capital Group Core Bond ETF by 5.2% during the fourth quarter. Merit Financial Group LLC now owns 2,035,628 shares of the company’s stock worth $53,985,000 after buying an additional 99,718 shares in the last quarter. Finally, NerdWallet Wealth Partners LLC lifted its stake in Capital Group Core Bond ETF by 20.9% during the fourth quarter. NerdWallet Wealth Partners LLC now owns 347,118 shares of the company’s stock worth $9,204,000 after purchasing an additional 59,962 shares during the last quarter.

Capital Group Core Bond ETF Stock Performance

NYSEARCA CGCB opened at $26.02 on Tuesday. The business has a fifty day moving average price of $26.24 and a two-hundred day moving average price of $26.47. Capital Group Core Bond ETF has a fifty-two week low of $25.84 and a fifty-two week high of $26.91.

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.