Sei Investments Co. Boosts Stock Holdings in Capital Group Core Bond ETF $CGCB

Sei Investments Co. increased its stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 33.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,501,744 shares of the company’s stock after acquiring an additional 629,239 shares during the period. Sei Investments Co. owned approximately 1.36% of Capital Group Core Bond ETF worth $65,696,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. UBS Group AG boosted its stake in shares of Capital Group Core Bond ETF by 63.5% in the 4th quarter. UBS Group AG now owns 344,151 shares of the company’s stock valued at $9,127,000 after buying an additional 133,670 shares during the period. Cauble & Harre Wealth Management Inc. acquired a new position in shares of Capital Group Core Bond ETF during the fourth quarter worth about $1,218,000. Saxony Capital Management LLC increased its stake in shares of Capital Group Core Bond ETF by 49.6% during the fourth quarter. Saxony Capital Management LLC now owns 121,302 shares of the company’s stock worth $3,217,000 after buying an additional 40,221 shares during the period. Sunpointe LLC increased its stake in shares of Capital Group Core Bond ETF by 142.8% during the fourth quarter. Sunpointe LLC now owns 200,827 shares of the company’s stock worth $5,326,000 after buying an additional 118,099 shares during the period. Finally, Prosperity Financial Group Inc. purchased a new stake in shares of Capital Group Core Bond ETF during the fourth quarter worth approximately $1,133,000.

Capital Group Core Bond ETF Stock Up 0.1%

Shares of NYSEARCA:CGCB opened at $25.86 on Friday. Capital Group Core Bond ETF has a fifty-two week low of $25.82 and a fifty-two week high of $26.91. The firm’s 50 day moving average price is $26.11 and its 200 day moving average price is $26.35.

About Capital Group Core Bond ETF

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.