Spinnaker Investment Group LLC Buys 192,727 Shares of Capital Group Core Bond ETF $CGCB

Spinnaker Investment Group LLC boosted its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 19.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,160,847 shares of the company’s stock after buying an additional 192,727 shares during the quarter. Capital Group Core Bond ETF accounts for about 4.9% of Spinnaker Investment Group LLC’s holdings, making the stock its 5th biggest holding. Spinnaker Investment Group LLC’s holdings in Capital Group Core Bond ETF were worth $30,391,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in the stock. Dynamic Advisor Solutions LLC lifted its holdings in shares of Capital Group Core Bond ETF by 0.3% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 138,294 shares of the company’s stock worth $3,621,000 after acquiring an additional 416 shares during the last quarter. Summit Global Investments increased its holdings in Capital Group Core Bond ETF by 4.2% in the 1st quarter. Summit Global Investments now owns 14,133 shares of the company’s stock valued at $371,000 after purchasing an additional 565 shares during the last quarter. Sigma Planning Corp increased its holdings in Capital Group Core Bond ETF by 2.2% in the 4th quarter. Sigma Planning Corp now owns 26,063 shares of the company’s stock valued at $691,000 after purchasing an additional 567 shares during the last quarter. Wealthcare Advisory Partners LLC raised its position in Capital Group Core Bond ETF by 6.6% in the second quarter. Wealthcare Advisory Partners LLC now owns 10,661 shares of the company’s stock valued at $279,000 after purchasing an additional 663 shares during the period. Finally, IFP Advisors Inc raised its position in 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 valued at $28,000 after purchasing an additional 880 shares during the period.

Capital Group Core Bond ETF Stock Performance

NYSEARCA:CGCB opened at $25.81 on Tuesday. The stock’s fifty day moving average is $26.06 and its two-hundred day moving average is $26.30. Capital Group Core Bond ETF has a 52 week low of $25.70 and a 52 week 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.