Tsfg LLC Increases Stock Position in Capital Group Core Bond ETF $CGCB

Tsfg LLC boosted its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 34.1% in the second quarter, Holdings Channel.com reports. The firm owned 334,948 shares of the company’s stock after acquiring an additional 85,210 shares during the period. Capital Group Core Bond ETF comprises approximately 1.1% of Tsfg LLC’s investment portfolio, making the stock its 24th largest position. Tsfg LLC’s holdings in Capital Group Core Bond ETF were worth $8,769,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CGCB. Advisortrust Partners LLC acquired a new position in Capital Group Core Bond ETF in the 1st quarter worth $27,000. IFP Advisors Inc grew its stake in shares of Capital Group Core Bond ETF by 473.1% during the third quarter. IFP Advisors Inc now owns 1,066 shares of the company’s stock valued at $28,000 after acquiring an additional 880 shares in the last quarter. Legacy Wealth Managment LLC ID acquired a new stake in shares of Capital Group Core Bond ETF during the first quarter valued at about $37,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Capital Group Core Bond ETF during the fourth quarter valued at about $43,000. Finally, Godfrey Financial Associates Inc. purchased a new stake in shares of Capital Group Core Bond ETF during the fourth quarter worth about $73,000.

Capital Group Core Bond ETF Trading Down 0.3%

NYSEARCA:CGCB opened at $25.69 on Wednesday. Capital Group Core Bond ETF has a one year low of $25.67 and a one year high of $26.91. The business’s 50-day simple moving average is $25.98 and its 200 day simple moving average is $26.22.

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.