Kintra Wealth LLC Boosts Stock Holdings in Capital Group Core Bond ETF $CGCB

Kintra Wealth LLC boosted its position in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 11.6% in the second quarter, Holdings Channel.com reports. The firm owned 1,297,322 shares of the company’s stock after acquiring an additional 134,337 shares during the quarter. Capital Group Core Bond ETF makes up about 1.8% of Kintra Wealth LLC’s holdings, making the stock its 15th largest position. Kintra Wealth LLC’s holdings in Capital Group Core Bond ETF were worth $33,666,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in CGCB. Endeavor Private Wealth Inc. increased its position in Capital Group Core Bond ETF by 6.5% during the 2nd quarter. Endeavor Private Wealth Inc. now owns 156,810 shares of the company’s stock worth $4,105,000 after purchasing an additional 9,551 shares during the period. Hopwood Nicholas Hunter purchased a new stake in shares of Capital Group Core Bond ETF in the second quarter valued at approximately $2,115,000. Concurrent Investment Advisors LLC increased its holdings in Capital Group Core Bond ETF by 7.8% in the second quarter. Concurrent Investment Advisors LLC now owns 203,488 shares of the company’s stock valued at $5,327,000 after buying an additional 14,761 shares in the last quarter. Continuum Advisory LLC lifted its position in shares of Capital Group Core Bond ETF by 1.9% during the 2nd quarter. Continuum Advisory LLC now owns 1,129,480 shares of the company’s stock valued at $29,570,000 after acquiring an additional 20,666 shares during the period. Finally, InTrack Investment Management Inc boosted its stake in shares of Capital Group Core Bond ETF by 15.0% during the 2nd quarter. InTrack Investment Management Inc now owns 157,103 shares of the company’s stock worth $4,113,000 after acquiring an additional 20,469 shares in the last quarter.

Capital Group Core Bond ETF Stock Performance

CGCB opened at $25.73 on Friday. Capital Group Core Bond ETF has a 1-year low of $25.66 and a 1-year high of $26.91. The stock’s 50 day simple moving average is $25.94 and its 200 day simple moving average is $26.21.

Capital Group Core Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, August 3rd. Shareholders of record on Friday, July 31st were issued a $0.1071 dividend. This represents a c) annualized dividend and a yield of 5.0%. This is a positive change from Capital Group Core Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Friday, July 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.