Clearwave Capital LLC Invests $600,000 in Capital Group Core Bond ETF $CGCB

Clearwave Capital LLC bought a new stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 22,643 shares of the company’s stock, valued at approximately $600,000.

A number of other hedge funds have also recently modified their holdings of the stock. IFP Advisors Inc raised its stake in Capital Group Core Bond ETF by 473.1% during the 3rd quarter. IFP Advisors Inc now owns 1,066 shares of the company’s stock worth $28,000 after acquiring an additional 880 shares in the last quarter. Clearstead Trust LLC purchased a new stake in Capital Group Core Bond ETF in the third quarter valued at $37,000. Huntington National Bank acquired a new position in Capital Group Core Bond ETF in the third quarter valued at $54,000. EverSource Wealth Advisors LLC acquired a new position in Capital Group Core Bond ETF in the third quarter valued at $67,000. Finally, Godfrey Financial Associates Inc. purchased a new position in shares of Capital Group Core Bond ETF during the fourth quarter worth about $73,000.

Capital Group Core Bond ETF Price Performance

Shares of CGCB stock opened at $26.24 on Friday. The stock’s 50-day moving average is $26.23 and its two-hundred day moving average is $26.44. Capital Group Core Bond ETF has a 1 year low of $25.84 and a 1 year high of $26.91.

Capital Group Core Bond ETF Company 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.