49,145 Shares in Capital Group Core Bond ETF $CGCB Purchased by Synergy Investment Management LLC

Synergy Investment Management LLC acquired a new position in Capital Group Core Bond ETF (NYSEARCA:CGCB) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 49,145 shares of the company’s stock, valued at approximately $1,306,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Merit Financial Group LLC raised its holdings in shares of Capital Group Core Bond ETF by 1,580.2% in the 3rd quarter. Merit Financial Group LLC now owns 1,935,910 shares of the company’s stock worth $51,456,000 after purchasing an additional 1,820,690 shares during the period. Bank of America Corp DE increased its position in Capital Group Core Bond ETF by 269.8% in the second quarter. Bank of America Corp DE now owns 1,203,357 shares of the company’s stock worth $31,648,000 after buying an additional 877,912 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Capital Group Core Bond ETF by 32.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,504,539 shares of the company’s stock valued at $92,169,000 after buying an additional 850,441 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Capital Group Core Bond ETF by 22.3% in the third quarter. Envestnet Asset Management Inc. now owns 4,374,447 shares of the company’s stock valued at $116,273,000 after buying an additional 797,548 shares during the period. Finally, Raymond James Financial Inc. lifted its position in shares of Capital Group Core Bond ETF by 35.5% during the 2nd quarter. Raymond James Financial Inc. now owns 2,153,628 shares of the company’s stock valued at $56,640,000 after buying an additional 564,095 shares during the last quarter.

Capital Group Core Bond ETF Trading Down 0.1%

CGCB stock opened at $26.80 on Thursday. The stock has a fifty day moving average of $26.58 and a 200-day moving average of $26.59. Capital Group Core Bond ETF has a fifty-two week low of $25.57 and a fifty-two week high of $26.91.

Capital Group Core Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, February 2nd. Stockholders of record on Friday, January 30th were paid a $0.069 dividend. The ex-dividend date was Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 3.1%.

Capital Group Core Bond ETF 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.