82,123 Capital Group Core Bond ETF $CGCB Shares Sold by Werba Rubin Papier Wealth Management

Werba Rubin Papier Wealth Management trimmed its stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 26.0% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 233,482 shares of the company’s stock after selling 82,123 shares during the period. Capital Group Core Bond ETF comprises 0.7% of Werba Rubin Papier Wealth Management’s investment portfolio, making the stock its 26th biggest holding. Werba Rubin Papier Wealth Management owned approximately 0.09% of Capital Group Core Bond ETF worth $5,832,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in CGCB. Integrated Wealth Concepts LLC lifted its position in shares of Capital Group Core Bond ETF by 24.8% during the second quarter. Integrated Wealth Concepts LLC now owns 162,034 shares of the company’s stock worth $4,242,000 after purchasing an additional 32,226 shares in the last quarter. Quadcap Wealth Management LLC grew its position in shares of Capital Group Core Bond ETF by 13.1% during the first quarter. Quadcap Wealth Management LLC now owns 900,863 shares of the company’s stock worth $23,657,000 after buying an additional 104,062 shares in the last quarter. KWB Wealth acquired a new position in shares of Capital Group Core Bond ETF during the third quarter worth about $10,032,000. Cetera Investment Advisers increased its stake in shares of Capital Group Core Bond ETF by 17.7% during the first quarter. Cetera Investment Advisers now owns 3,932,344 shares of the company’s stock worth $103,263,000 after buying an additional 591,197 shares during the period. Finally, InTrack Investment Management Inc increased its stake in shares of Capital Group Core Bond ETF by 15.0% during the second quarter. InTrack Investment Management Inc now owns 157,103 shares of the company’s stock worth $4,113,000 after buying an additional 20,469 shares during the period.

Capital Group Core Bond ETF Stock Performance

Shares of CGCB opened at $25.20 on Friday. Capital Group Core Bond ETF has a twelve month low of $24.85 and a twelve month high of $26.90. The firm’s fifty day simple moving average is $25.33 and its 200-day simple moving average is $26.01.

Capital Group Core Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, November 2nd. Investors of record on Friday, October 30th were issued a $0.0951 dividend. This represents a $1.14 annualized dividend and a yield of 4.5%. This is a drop from Capital Group Core Bond ETF’s previous monthly dividend of $0.0956. The ex-dividend date of this dividend was Friday, October 30th.

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.