CWS Financial Advisors LLC Raises Stake in Capital Group Core Bond ETF $CGCB

CWS Financial Advisors LLC grew its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 124.0% in the fourth quarter, Holdings Channel reports. The firm owned 68,892 shares of the company’s stock after acquiring an additional 38,133 shares during the period. CWS Financial Advisors LLC’s holdings in Capital Group Core Bond ETF were worth $1,827,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Capital International Investors lifted its stake in Capital Group Core Bond ETF by 92.3% in the third quarter. Capital International Investors now owns 19,008,607 shares of the company’s stock worth $505,249,000 after acquiring an additional 9,125,578 shares during the period. Envestnet Asset Management Inc. lifted its stake in 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 worth $116,273,000 after acquiring an additional 797,548 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in Capital Group Core Bond ETF by 8.2% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 3,791,373 shares of the company’s stock worth $100,775,000 after acquiring an additional 286,834 shares during the period. Raymond James Financial Inc. lifted its stake in Capital Group Core Bond ETF by 2.7% in the third quarter. Raymond James Financial Inc. now owns 2,212,612 shares of the company’s stock worth $58,811,000 after acquiring an additional 58,984 shares during the period. Finally, Johnson Bixby & Associates LLC lifted its stake in Capital Group Core Bond ETF by 14,622.3% in the fourth quarter. Johnson Bixby & Associates LLC now owns 2,044,780 shares of the company’s stock worth $54,228,000 after acquiring an additional 2,030,891 shares during the period.

Capital Group Core Bond ETF Stock Up 0.5%

NYSEARCA:CGCB opened at $26.03 on Thursday. Capital Group Core Bond ETF has a 1-year low of $25.71 and a 1-year high of $26.91. The company has a 50-day moving average of $26.31 and a 200 day moving average of $26.51.

Capital Group Core Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were paid a $0.086 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. This is a boost from Capital Group Core Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Friday, February 27th.

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.