Capital International Investors reduced its position in Capital Group International Bond ETF (USD-Hedged) (NYSEARCA:CGIB) by 77.2% in the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 336,306 shares of the company's stock after selling 1,138,994 shares during the period. Capital International
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TMB Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 402 | $10,206.72 | $10,216.83 | $10.11 | 0.1% |
| PEP Philip E. Passafiume Protective Life Corp | 6,339 | $159,996.36 | $161,096.81 | $1,100.45 | 0.69% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 61,663 | $1.56M | $1.57M | $6,525.59 | 0.42% |
| MWM Marion Wealth Management Marion Wealth Management | 10,672 | $270,641.92 | $271,922.56 | $1,280.64 | 0.47% |
| PO Patrick O'Connell Security Financial Services Inc. | 16,664 | $422,571.59 | $423,765.52 | $1,193.93 | 0.28% |
| ARCA Exchange | US Country |
The described fund is dedicated to investing a significant portion of its assets into bonds and other debt securities that generate income. By aiming to allocate at least 80% of its resources towards these financial instruments, the fund primarily focuses on acquiring assets that are not only income-accruing but are also predominantly of investment grade and denominated in U.S. dollars. The investment strategy is designed to capitalize on the stability and potential returns from short-term debt, positioning the fund as an attractive option for investors looking to diversify their portfolio with fixed-income assets. The fund operates under normal market conditions, emphasizing the acquisition of high-quality, short-term money market instruments alongside government and corporate securities, which underscores its conservative investment approach geared towards minimizing risk while seeking to ensure a steady income stream.
These include commercial paper and certificates of deposit, which are considered low-risk investments and are utilized by the fund to maintain liquidity and achieve short-term investment goals. Money market instruments are appealing for their high liquidity and shorter maturity period, making them an integral part of the fund's strategy to provide income while also preserving capital.
These are securities guaranteed or issued by an agency or instrumentality of the U.S. government. The inclusion of U.S. Treasury securities and other government securities in the fund's portfolio underpins its focus on stability and low risk. These investments offer a secure avenue for income, backed by the full faith and credit of the U.S. government, thereby appealing to conservative investors seeking to minimize their exposure to volatility.
This component of the fund's portfolio includes debt instruments issued by corporations. By investing in corporate securities, the fund aims to capture higher yields compared to government securities, albeit with a slightly increased risk profile. These investments are selected based on their investment-grade rating, denoting a high level of creditworthiness, which aligns with the fund's strategy of focusing on income-generating assets while maintaining a conservative risk stance.