D.A. Davidson & CO. bought a new position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB – Free Report) during the 3rd quarter, Holdings Channel reports. The fund bought 829,001 shares of the company’s stock, valued at approximately $20,708,000.
Other institutional investors also recently made changes to their positions in the company. Advisortrust Partners LLC acquired a new stake in shares of Capital Group Core Bond ETF in the first quarter valued at about $27,000. Latitude Advisors LLC purchased a new stake in Capital Group Core Bond ETF during the third quarter worth about $27,000. Legacy Wealth Managment LLC ID purchased a new stake in Capital Group Core Bond ETF during the first quarter worth about $37,000. Ashton Thomas Securities LLC acquired a new position in Capital Group Core Bond ETF during the third quarter worth about $140,000. Finally, Fifth Third Securities Inc. acquired a new position in Capital Group Core Bond ETF during the third quarter worth about $201,000.
Capital Group Core Bond ETF Stock Up 0.3%
Shares of Capital Group Core Bond ETF stock opened at $25.46 on Friday. Capital Group Core Bond ETF has a 12-month low of $24.85 and a 12-month high of $26.90. The company has a 50-day moving average of $25.41 and a two-hundred day moving average of $26.07.
Capital Group Core Bond ETF Increases Dividend
The company also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were paid a $0.0956 dividend. This represents a $1.15 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Tuesday, September 29th. This is an increase from Capital Group Core Bond ETF’s previous monthly dividend of $0.0844.
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.
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Want to see what other hedge funds are holding CGCB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Core Bond ETF (NYSEARCA:CGCB – Free Report).
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