Creative Financial Designs Inc. ADV Purchases 7,872 Shares of Capital Group Core Bond ETF $CGCB

Creative Financial Designs Inc. ADV boosted its position in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 116.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,635 shares of the company’s stock after purchasing an additional 7,872 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in Capital Group Core Bond ETF were worth $385,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in CGCB. LPL Financial LLC raised its holdings in Capital Group Core Bond ETF by 77.2% in the first quarter. LPL Financial LLC now owns 9,379,977 shares of the company’s stock worth $246,506,000 after purchasing an additional 4,087,439 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Capital Group Core Bond ETF by 66.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,654,098 shares of the company’s stock worth $69,750,000 after purchasing an additional 1,062,229 shares in the last quarter. Raymond James Financial Inc. raised its holdings in Capital Group Core Bond ETF by 113.4% in the first quarter. Raymond James Financial Inc. now owns 1,589,533 shares of the company’s stock worth $41,773,000 after purchasing an additional 844,776 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in Capital Group Core Bond ETF by 42.0% in the first quarter. Envestnet Asset Management Inc. now owns 2,794,427 shares of the company’s stock worth $73,438,000 after purchasing an additional 826,886 shares in the last quarter. Finally, Advance Capital Management Inc. raised its holdings in Capital Group Core Bond ETF by 6.9% in the second quarter. Advance Capital Management Inc. now owns 11,517,435 shares of the company’s stock worth $302,909,000 after purchasing an additional 739,312 shares in the last quarter.

Capital Group Core Bond ETF Trading Down 0.4%

Shares of Capital Group Core Bond ETF stock opened at $26.62 on Friday. The company has a 50-day simple moving average of $26.65 and a two-hundred day simple moving average of $26.31. Capital Group Core Bond ETF has a one year low of $25.44 and a one year high of $26.91.

Capital Group Core Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Friday, October 31st will be issued a $0.107 dividend. This is a boost from Capital Group Core Bond ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date is Friday, October 31st.

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.