Diversify Wealth Management LLC Purchases New Position in Capital Group Core Bond ETF $CGCB

Diversify Wealth Management LLC acquired a new position in Capital Group Core Bond ETF (NYSEARCA:CGCB) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 65,937 shares of the company’s stock, valued at approximately $1,732,000.

A number of other hedge funds also recently added to or reduced their stakes in the company. Capital International Investors boosted its stake in Capital Group Core Bond ETF by 24.4% during the 4th quarter. Capital International Investors now owns 23,650,039 shares of the company’s stock valued at $627,199,000 after purchasing an additional 4,641,432 shares during the last quarter. LPL Financial LLC increased its holdings in shares of Capital Group Core Bond ETF by 30.4% in the 4th quarter. LPL Financial LLC now owns 22,259,688 shares of the company’s stock worth $590,327,000 after purchasing an additional 5,195,824 shares in the last quarter. Morgan Stanley increased its holdings in shares of Capital Group Core Bond ETF by 13.2% in the 4th quarter. Morgan Stanley now owns 7,751,877 shares of the company’s stock worth $205,580,000 after purchasing an additional 902,837 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Capital Group Core Bond ETF by 2.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,889,956 shares of the company’s stock worth $103,162,000 after purchasing an additional 98,583 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of Capital Group Core Bond ETF by 17.3% in the fourth quarter. Cetera Investment Advisers now owns 3,341,147 shares of the company’s stock worth $88,607,000 after purchasing an additional 492,018 shares during the last quarter.

Capital Group Core Bond ETF Stock Up 0.3%

Shares of NYSEARCA:CGCB opened at $26.02 on Wednesday. Capital Group Core Bond ETF has a 1 year low of $25.84 and a 1 year high of $26.91. The stock’s fifty day moving average price is $26.15 and its 200-day moving average price is $26.39.

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.