Mission Wealth Management LP Increases Stake in Capital Group Core Bond ETF $CGCB

Mission Wealth Management LP lifted its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 96.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 136,954 shares of the company’s stock after acquiring an additional 67,081 shares during the period. Mission Wealth Management LP owned 0.09% of Capital Group Core Bond ETF worth $3,632,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Capital International Investors lifted its holdings in shares of Capital Group Core Bond ETF by 92.3% during the 3rd 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 holdings in shares of Capital Group Core Bond ETF by 22.3% during the 3rd 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 holdings in shares of Capital Group Core Bond ETF by 8.2% during the 3rd 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 holdings in shares of Capital Group Core Bond ETF by 2.7% during the 3rd 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 holdings in shares of Capital Group Core Bond ETF by 14,622.3% during the 4th 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 Trading Down 0.0%

Shares of CGCB stock opened at $25.97 on Tuesday. Capital Group Core Bond ETF has a 1-year low of $25.71 and a 1-year high of $26.91. The firm’s 50-day simple moving average is $26.33 and its 200-day simple moving average is $26.52.

Capital Group Core Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were given a dividend of $0.086 per share. 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. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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.