Sat Sep 07 11:30:58 UTC 2024: ## FineMark National Bank & Trust Makes Strategic Investment in Capital Group Core Bond ETF

**New York, NY – September 7, 2024** – FineMark National Bank & Trust has announced a new investment in the Capital Group Core Bond ETF (NYSEARCA:CGCB), acquiring 9,819 shares valued at approximately $254,000 during the second quarter. This move comes amidst a trend of several other hedge funds adjusting their positions in CGCB.

Meridian Wealth Management LLC also entered the market with a new stake in CGCB during the fourth quarter, worth $1,505,000. Osaic Holdings Inc. expanded its holdings in the ETF by a significant 161.1% in the first quarter, now owning 288,864 shares valued at $7,508,000.

Dynamic Advisor Solutions LLC and Rothschild Investment LLC also joined the fray, acquiring new stakes in CGCB in the second quarter valued at approximately $3,587,000 and $451,000 respectively. D.A. Davidson & CO. rounded out the recent activity, purchasing a new position in CGCB during the fourth quarter worth approximately $275,000.

CGCB opened at $27.00 on Friday, with a 52-week low of $24.42 and a 52-week high of $27.08. The ETF’s 50-day moving average price is $26.46 and its 200-day moving average price is $26.02.

The Capital Group Core Bond ETF, launched on September 26, 2023, primarily invests in investment-grade fixed income. The actively managed fund focuses on both US and non-US bonds, also including other debt securities and derivatives.

For a more detailed look at hedge fund holdings in CGCB, investors can visit HoldingsChannel.com.

**About Capital Group Core Bond ETF (CGCB)**

The Capital Group Core Bond ETF is an exchange-traded fund designed to provide investors with exposure to the investment-grade fixed income market. It seeks to achieve its investment objective by investing in a diversified portfolio of bonds issued by companies and governments worldwide.

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