Clear Trail Advisors LLC Invests $14.77 Million in Capital Group Core Bond ETF $CGCB

Clear Trail Advisors LLC acquired a new stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) in the first quarter, Holdings Channel.com reports. The fund acquired 562,285 shares of the company’s stock, valued at approximately $14,766,000. Capital Group Core Bond ETF accounts for 2.5% of Clear Trail Advisors LLC’s holdings, making the stock its 11th largest holding.

A number of other institutional investors also recently bought and sold shares of CGCB. Capital International Investors raised its position in shares of Capital Group Core Bond ETF by 92.3% during the 3rd quarter. Capital International Investors now owns 19,008,607 shares of the company’s stock valued at $505,249,000 after buying an additional 9,125,578 shares during the period. LPL Financial LLC increased its stake in 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 worth $590,327,000 after acquiring an additional 5,195,824 shares during the last quarter. Johnson Bixby & Associates LLC increased its stake in Capital Group Core Bond ETF by 14,622.3% during the fourth quarter. Johnson Bixby & Associates LLC now owns 2,044,780 shares of the company’s stock worth $54,228,000 after acquiring an additional 2,030,891 shares during the last quarter. Wells Fargo & Company MN raised its position in Capital Group Core Bond ETF by 92.5% in the fourth quarter. Wells Fargo & Company MN now owns 2,905,361 shares of the company’s stock valued at $77,050,000 after purchasing an additional 1,395,908 shares during the period. Finally, Aprio Wealth Management LLC purchased a new stake in Capital Group Core Bond ETF in the fourth quarter valued at $25,716,000.

Capital Group Core Bond ETF Stock Down 0.3%

Shares of Capital Group Core Bond ETF stock opened at $26.17 on Tuesday. Capital Group Core Bond ETF has a 52 week low of $25.84 and a 52 week high of $26.91. The business’s fifty day simple moving average is $26.22 and its 200-day simple moving average is $26.43.

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.