Saxony Capital Management LLC Boosts Holdings in Capital Group Core Bond ETF $CGCB

Saxony Capital Management LLC boosted its holdings in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 49.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 121,302 shares of the company’s stock after buying an additional 40,221 shares during the quarter. Capital Group Core Bond ETF makes up about 2.0% of Saxony Capital Management LLC’s investment portfolio, making the stock its 14th largest holding. Saxony Capital Management LLC’s holdings in Capital Group Core Bond ETF were worth $3,217,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. IFP Advisors Inc raised its position in Capital Group Core Bond ETF by 473.1% in the third quarter. IFP Advisors Inc now owns 1,066 shares of the company’s stock worth $28,000 after acquiring an additional 880 shares during the period. Clearstead Trust LLC bought a new stake in shares of Capital Group Core Bond ETF during the 3rd quarter valued at $37,000. Huntington National Bank purchased a new stake in shares of Capital Group Core Bond ETF in the 3rd quarter worth $54,000. EverSource Wealth Advisors LLC purchased a new stake in shares of Capital Group Core Bond ETF in the 3rd quarter worth $67,000. Finally, Marshall & Sterling Wealth Advisors Inc. raised its holdings in Capital Group Core Bond ETF by 77.5% in the 3rd quarter. Marshall & Sterling Wealth Advisors Inc. now owns 4,378 shares of the company’s stock worth $116,000 after purchasing an additional 1,912 shares during the period.

Capital Group Core Bond ETF Stock Up 0.2%

Shares of Capital Group Core Bond ETF stock opened at $26.21 on Tuesday. The stock’s fifty day moving average is $26.57 and its 200 day moving average is $26.62. Capital Group Core Bond ETF has a one year low of $25.57 and a one year high of $26.91.

Capital Group Core Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were paid a $0.086 dividend. This represents a c) annualized dividend and a dividend yield of 3.9%. This is an increase from Capital Group Core Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Friday, February 27th.

Capital Group Core Bond ETF 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.