Renaissance Technologies LLC Purchases New Position in Capital Group Core Bond ETF $CGCB

Renaissance Technologies LLC acquired a new position in Capital Group Core Bond ETF (NYSEARCA:CGCB) in the 1st quarter, Holdings Channel reports. The firm acquired 21,800 shares of the company’s stock, valued at approximately $572,000.

Several other large investors have also bought and sold shares of CGCB. Advisortrust Partners LLC purchased a new position in shares of Capital Group Core Bond ETF during the 1st quarter worth approximately $27,000. IFP Advisors Inc lifted its stake in shares of Capital Group Core Bond ETF by 473.1% in the 3rd quarter. IFP Advisors Inc now owns 1,066 shares of the company’s stock valued at $28,000 after purchasing an additional 880 shares during the period. Legacy Wealth Managment LLC ID purchased a new position in shares of Capital Group Core Bond ETF in the 1st quarter valued at approximately $37,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of Capital Group Core Bond ETF during the fourth quarter valued at approximately $43,000. Finally, Godfrey Financial Associates Inc. bought a new stake in shares of Capital Group Core Bond ETF during the fourth quarter valued at approximately $73,000.

Capital Group Core Bond ETF Price Performance

Shares of CGCB stock opened at $25.87 on Monday. The business’s fifty day moving average is $26.05 and its 200 day moving average is $26.28. Capital Group Core Bond ETF has a twelve month low of $25.70 and a twelve month 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.