Royal Harbor Partners LLC Invests $17.35 Million in Capital Group Core Bond ETF $CGCB

Royal Harbor Partners LLC acquired a new position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) in the first quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 660,777 shares of the company’s stock, valued at approximately $17,352,000. Capital Group Core Bond ETF comprises approximately 5.9% of Royal Harbor Partners LLC’s investment portfolio, making the stock its 5th biggest position. Royal Harbor Partners LLC owned 0.37% of Capital Group Core Bond ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Capital International Investors boosted its stake 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 buying an additional 9,125,578 shares during the period. LPL Financial LLC raised its stake in shares of Capital Group Core Bond ETF by 30.4% in the 4th quarter. LPL Financial LLC now owns 22,259,688 shares of the company’s stock valued at $590,327,000 after acquiring an additional 5,195,824 shares during the period. Johnson Bixby & Associates LLC raised its stake in shares of Capital Group Core Bond ETF by 14,622.3% in the 4th quarter. Johnson Bixby & Associates LLC now owns 2,044,780 shares of the company’s stock valued at $54,228,000 after acquiring an additional 2,030,891 shares during the period. Wells Fargo & Company MN raised its stake in shares of Capital Group Core Bond ETF by 92.5% in the 4th quarter. Wells Fargo & Company MN now owns 2,905,361 shares of the company’s stock valued at $77,050,000 after acquiring an additional 1,395,908 shares during the period. Finally, Aprio Wealth Management LLC acquired a new position in shares of Capital Group Core Bond ETF in the 4th quarter worth approximately $25,716,000.

Capital Group Core Bond ETF Stock Performance

Shares of CGCB stock opened at $26.17 on Friday. The firm’s 50 day moving average price is $26.19 and its 200-day moving average price is $26.41. Capital Group Core Bond ETF has a one year low of $25.84 and a one year 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.