J. Derek Lewis & Associates Inc. Takes $10.16 Million Position in Capital Group Core Bond ETF $CGCB

J. Derek Lewis & Associates Inc. acquired a new position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 382,991 shares of the company’s stock, valued at approximately $10,157,000. Capital Group Core Bond ETF accounts for about 2.4% of J. Derek Lewis & Associates Inc.’s holdings, making the stock its 13th largest holding. J. Derek Lewis & Associates Inc. owned about 0.25% of Capital Group Core Bond ETF at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Sunpointe LLC increased its stake in Capital Group Core Bond ETF by 501.0% in the 3rd quarter. Sunpointe LLC now owns 82,728 shares of the company’s stock valued at $2,199,000 after buying an additional 68,964 shares during the last quarter. Sovran Advisors LLC lifted its position in Capital Group Core Bond ETF by 12.4% during the 4th quarter. Sovran Advisors LLC now owns 367,885 shares of the company’s stock worth $9,782,000 after buying an additional 40,652 shares in the last quarter. UBS Group AG boosted its stake in shares of Capital Group Core Bond ETF by 63.5% during the 4th quarter. UBS Group AG now owns 344,151 shares of the company’s stock worth $9,127,000 after buying an additional 133,670 shares during the last quarter. Diversify Advisory Services LLC acquired a new position in shares of Capital Group Core Bond ETF during the 4th quarter worth about $1,281,000. Finally, Merit Financial Group LLC boosted its stake in shares of Capital Group Core Bond ETF by 5.2% during the 4th quarter. Merit Financial Group LLC now owns 2,035,628 shares of the company’s stock worth $53,985,000 after buying an additional 99,718 shares during the last quarter.

Capital Group Core Bond ETF Stock Performance

Shares of NYSEARCA CGCB opened at $26.24 on Friday. The business has a 50-day moving average of $26.23 and a 200-day moving average of $26.44. Capital Group Core Bond ETF has a fifty-two week low of $25.84 and a fifty-two 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.