Uptick Partners LLC Boosts Stake in Capital Group Core Bond ETF $CGCB

Uptick Partners LLC raised its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 248.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 214,333 shares of the company’s stock after buying an additional 152,882 shares during the quarter. Capital Group Core Bond ETF comprises 1.2% of Uptick Partners LLC’s portfolio, making the stock its 18th biggest holding. Uptick Partners LLC’s holdings in Capital Group Core Bond ETF were worth $5,684,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. IFP Advisors Inc raised its position in shares of Capital Group Core Bond ETF by 473.1% during 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 purchased a new stake in Capital Group Core Bond ETF during the third quarter valued at approximately $37,000. Huntington National Bank bought a new stake in shares of Capital Group Core Bond ETF in the 3rd quarter valued at approximately $54,000. EverSource Wealth Advisors LLC bought a new stake in shares of Capital Group Core Bond ETF in the 3rd quarter valued at approximately $67,000. Finally, Marshall & Sterling Wealth Advisors Inc. boosted 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 period.

Capital Group Core Bond ETF Stock Performance

NYSEARCA:CGCB opened at $26.20 on Friday. The stock’s fifty day moving average is $26.46 and its 200 day moving average is $26.57. Capital Group Core Bond ETF has a fifty-two week low of $25.71 and a fifty-two week high of $26.91.

Capital Group Core Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were paid a $0.086 dividend. This is an increase from Capital Group Core Bond ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend was Friday, February 27th.

About Capital Group Core Bond ETF

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.