Harbor Investment Advisory LLC Takes Position in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Harbor Investment Advisory LLC acquired a new position in Capital Group Core Bond ETF (NYSEARCA:CGCB) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,927 shares of the company’s stock, valued at approximately $50,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Assetmark Inc. bought a new position in Capital Group Core Bond ETF during the fourth quarter worth about $93,000. Armstrong Fleming & Moore Inc bought a new stake in Capital Group Core Bond ETF in the fourth quarter valued at approximately $201,000. D.A. Davidson & CO. bought a new stake in Capital Group Core Bond ETF in the fourth quarter valued at approximately $275,000. U.S. Capital Wealth Advisors LLC bought a new position in shares of Capital Group Core Bond ETF during the fourth quarter worth $290,000. Finally, Kingsview Wealth Management LLC acquired a new position in shares of Capital Group Core Bond ETF in the 4th quarter valued at $521,000.

Capital Group Core Bond ETF Price Performance

NYSEARCA:CGCB opened at $26.08 on Tuesday. Capital Group Core Bond ETF has a 1 year low of $24.42 and a 1 year high of $26.77. The stock has a 50-day moving average price of $25.69 and a two-hundred day moving average price of $25.94.

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.