Birchwood Financial Partners Inc. Makes New Investment in Capital Group Core Bond ETF $CGCB

Birchwood Financial Partners Inc. bought a new stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) in the 4th quarter, HoldingsChannel reports. The firm bought 27,527 shares of the company’s stock, valued at approximately $730,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Capital International Investors grew its holdings in shares of Capital Group Core Bond ETF by 24.4% in the 4th quarter. Capital International Investors now owns 23,650,039 shares of the company’s stock worth $627,199,000 after acquiring an additional 4,641,432 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of Capital Group Core Bond ETF by 30.4% during the fourth quarter. LPL Financial LLC now owns 22,259,688 shares of the company’s stock valued at $590,327,000 after purchasing an additional 5,195,824 shares during the last quarter. Morgan Stanley lifted its holdings in shares of Capital Group Core Bond ETF by 13.2% during the fourth quarter. Morgan Stanley now owns 7,751,877 shares of the company’s stock valued at $205,580,000 after purchasing an additional 902,837 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Capital Group Core Bond ETF by 2.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,889,956 shares of the company’s stock valued at $103,162,000 after purchasing an additional 98,583 shares during the period. Finally, Cetera Investment Advisers boosted its position in shares of Capital Group Core Bond ETF by 17.3% in the 4th quarter. Cetera Investment Advisers now owns 3,341,147 shares of the company’s stock valued at $88,607,000 after purchasing an additional 492,018 shares during the period.

Capital Group Core Bond ETF Trading Up 0.3%

Shares of CGCB opened at $26.24 on Friday. Capital Group Core Bond ETF has a one year low of $25.84 and a one year high of $26.91. The company has a 50-day moving average of $26.23 and a two-hundred day moving average of $26.44.

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.