Cauble & Harre Wealth Management Inc. Invests $1.22 Million in Capital Group Core Bond ETF $CGCB

Cauble & Harre Wealth Management Inc. bought a new position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 45,942 shares of the company’s stock, valued at approximately $1,218,000. Capital Group Core Bond ETF comprises approximately 1.0% of Cauble & Harre Wealth Management Inc.’s investment portfolio, making the stock its 25th biggest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. IFP Advisors Inc lifted its position in shares of Capital Group Core Bond ETF by 473.1% during the third quarter. IFP Advisors Inc now owns 1,066 shares of the company’s stock worth $28,000 after purchasing an additional 880 shares during the last quarter. Clearstead Trust LLC bought a new stake in shares of Capital Group Core Bond ETF during the third quarter worth $37,000. Huntington National Bank bought a new stake in shares of Capital Group Core Bond ETF during the third quarter valued at approximately $54,000. EverSource Wealth Advisors LLC bought a new stake in shares of Capital Group Core Bond ETF during the third quarter valued at approximately $67,000. Finally, Fifth Third Bancorp bought a new stake in shares of Capital Group Core Bond ETF during the fourth quarter valued at approximately $98,000.

Capital Group Core Bond ETF Stock Down 0.7%

Capital Group Core Bond ETF stock opened at $25.98 on Friday. The company has a 50 day moving average price of $26.35 and a 200-day moving average price of $26.53. 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 business also recently declared a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were paid a dividend of $0.086 per share. This is a boost from Capital Group Core Bond ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Friday, February 27th.

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.