Capital Group Core Bond ETF $CGCB Stock Purchased by MGO One Seven LLC

MGO One Seven LLC lifted its holdings in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 4,000.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 634,674 shares of the company’s stock after buying an additional 619,194 shares during the period. MGO One Seven LLC owned about 0.24% of Capital Group Core Bond ETF worth $15,854,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its position in shares of Capital Group Core Bond ETF by 12.2% in the second quarter. Envestnet Asset Management Inc. now owns 7,721,547 shares of the company’s stock valued at $202,150,000 after acquiring an additional 841,106 shares during the last quarter. Cetera Investment Advisers raised its holdings in 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 acquiring an additional 591,197 shares in the last quarter. Bank of America Corp DE raised its holdings in Capital Group Core Bond ETF by 36.1% during the first quarter. Bank of America Corp DE now owns 3,646,178 shares of the company’s stock worth $95,749,000 after acquiring an additional 968,033 shares in the last quarter. Sei Investments Co. raised its holdings in Capital Group Core Bond ETF by 33.6% during the first quarter. Sei Investments Co. now owns 2,501,744 shares of the company’s stock worth $65,696,000 after acquiring an additional 629,239 shares in the last quarter. Finally, Johnson Bixby & Associates LLC boosted its position in Capital Group Core Bond ETF by 11.1% during the third quarter. Johnson Bixby & Associates LLC now owns 2,618,848 shares of the company’s stock valued at $65,419,000 after purchasing an additional 261,357 shares during the last quarter.

Capital Group Core Bond ETF Price Performance

Shares of NYSEARCA CGCB opened at $25.45 on Friday. The stock has a 50 day moving average price of $25.40 and a 200 day moving average price of $26.06. Capital Group Core Bond ETF has a 52 week low of $24.85 and a 52 week high of $26.90.

Capital Group Core Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Friday, October 30th will be given a dividend of $0.0951 per share. This is a negative change from Capital Group Core Bond ETF’s previous monthly dividend of $0.0956. The ex-dividend date of this dividend is Friday, October 30th. This represents a $1.14 annualized dividend and a dividend yield of 4.5%.

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.