NerdWallet Wealth Partners LLC Buys 59,962 Shares of Capital Group Core Bond ETF $CGCB

NerdWallet Wealth Partners LLC grew its stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 20.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 347,118 shares of the company’s stock after purchasing an additional 59,962 shares during the period. Capital Group Core Bond ETF makes up approximately 4.2% of NerdWallet Wealth Partners LLC’s holdings, making the stock its 7th largest holding. NerdWallet Wealth Partners LLC owned approximately 0.25% of Capital Group Core Bond ETF worth $9,204,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. IFP Advisors Inc boosted its stake in 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 buying an additional 880 shares in the last quarter. Clearstead Trust LLC bought a new position in shares of Capital Group Core Bond ETF during the third quarter valued at $37,000. Huntington National Bank bought a new position in shares of Capital Group Core Bond ETF during the third quarter valued at $54,000. EverSource Wealth Advisors LLC acquired a new stake in shares of Capital Group Core Bond ETF in the 3rd quarter valued at $67,000. Finally, Marshall & Sterling Wealth Advisors Inc. grew its holdings in shares of Capital Group Core Bond ETF by 77.5% in the 3rd quarter. Marshall & Sterling Wealth Advisors Inc. now owns 4,378 shares of the company’s stock worth $116,000 after purchasing an additional 1,912 shares during the last quarter.

Capital Group Core Bond ETF Price Performance

Shares of CGCB stock opened at $26.32 on Thursday. Capital Group Core Bond ETF has a 12-month low of $25.57 and a 12-month high of $26.91. The firm has a 50-day moving average price of $26.60 and a 200 day moving average price of $26.63.

Capital Group Core Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were given a dividend of $0.086 per share. This is a boost from Capital Group Core Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date was Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 3.9%.

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.