EQ Wealth Advisors LLC Grows Holdings in Capital Group Core Bond ETF $CGCB

EQ Wealth Advisors LLC raised its holdings in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 407.1% in the 1st quarter, Holdings Channel reports. The firm owned 123,931 shares of the company’s stock after purchasing an additional 99,492 shares during the quarter. Capital Group Core Bond ETF accounts for 1.9% of EQ Wealth Advisors LLC’s holdings, making the stock its 19th biggest holding. EQ Wealth Advisors LLC’s holdings in Capital Group Core Bond ETF were worth $3,254,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. IFP Advisors Inc grew its holdings in shares of Capital Group Core Bond ETF by 473.1% in the third quarter. IFP Advisors Inc now owns 1,066 shares of the company’s stock worth $28,000 after purchasing an additional 880 shares during the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in Capital Group Core Bond ETF during the 4th quarter valued at about $43,000. Godfrey Financial Associates Inc. bought a new stake in Capital Group Core Bond ETF during the 4th quarter valued at about $73,000. Fifth Third Bancorp purchased a new stake in Capital Group Core Bond ETF in the 4th quarter valued at about $98,000. Finally, Geneos Wealth Management Inc. boosted its position in Capital Group Core Bond ETF by 35.5% in the 4th quarter. Geneos Wealth Management Inc. now owns 6,870 shares of the company’s stock valued at $182,000 after buying an additional 1,799 shares during the period.

Capital Group Core Bond ETF Price Performance

CGCB stock traded down $0.01 during mid-day trading on Friday, reaching $26.04. The company had a trading volume of 607,008 shares, compared to its average volume of 1,199,111. The firm has a 50 day moving average of $26.16 and a 200 day moving average of $26.39. 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 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.