J. Derek Lewis & Associates Inc. Has $12.04 Million Stake in Capital Group Core Bond ETF $CGCB

J. Derek Lewis & Associates Inc. boosted its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 19.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 458,658 shares of the company’s stock after acquiring an additional 75,667 shares during the quarter. Capital Group Core Bond ETF accounts for approximately 2.7% of J. Derek Lewis & Associates Inc.’s investment portfolio, making the stock its 13th biggest holding. J. Derek Lewis & Associates Inc. owned approximately 0.25% of Capital Group Core Bond ETF worth $12,044,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Western Wealth Management LLC lifted its stake in Capital Group Core Bond ETF by 11.5% in the first quarter. Western Wealth Management LLC now owns 135,369 shares of the company’s stock valued at $3,555,000 after acquiring an additional 14,005 shares during the last quarter. Bank of America Corp DE increased its stake in shares of Capital Group Core Bond ETF by 36.1% during the 1st quarter. Bank of America Corp DE now owns 3,646,178 shares of the company’s stock worth $95,749,000 after purchasing an additional 968,033 shares during the last quarter. Sunbelt Securities Inc. increased its stake in shares of Capital Group Core Bond ETF by 53.0% during the 1st quarter. Sunbelt Securities Inc. now owns 50,146 shares of the company’s stock worth $1,317,000 after purchasing an additional 17,365 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of Capital Group Core Bond ETF by 11.8% in the 1st quarter. Royal Bank of Canada now owns 1,908,053 shares of the company’s stock valued at $50,105,000 after purchasing an additional 200,800 shares during the period. Finally, Gateway Wealth Partners LLC raised its holdings in shares of Capital Group Core Bond ETF by 391.1% in the 1st quarter. Gateway Wealth Partners LLC now owns 266,799 shares of the company’s stock valued at $7,006,000 after purchasing an additional 212,471 shares during the period.

Capital Group Core Bond ETF Trading Up 0.0%

Shares of NYSEARCA:CGCB opened at $25.92 on Friday. Capital Group Core Bond ETF has a 52-week low of $25.82 and a 52-week high of $26.91. The company has a 50-day simple moving average of $26.11 and a 200 day simple moving average of $26.34.

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.