Smith Thornton Advisors LLC Acquires New Stake in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Smith Thornton Advisors LLC bought a new position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 24,500 shares of the company’s stock, valued at approximately $633,000. Smith Thornton Advisors LLC owned 0.27% of Capital Group Core Bond ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in CGCB. Benjamin F. Edwards & Company Inc. acquired a new stake in Capital Group Core Bond ETF during the 2nd quarter valued at approximately $37,000. Harbor Investment Advisory LLC bought a new position in Capital Group Core Bond ETF during the first quarter worth $50,000. Financial Perspectives Inc acquired a new position in Capital Group Core Bond ETF in the first quarter valued at $57,000. Concourse Financial Group Securities Inc. bought a new stake in Capital Group Core Bond ETF during the first quarter valued at $73,000. Finally, Assetmark Inc. acquired a new stake in Capital Group Core Bond ETF during the 4th quarter worth about $93,000.

Capital Group Core Bond ETF Price Performance

Shares of NYSEARCA:CGCB opened at $27.00 on Friday. Capital Group Core Bond ETF has a 1 year low of $24.42 and a 1 year high of $27.24. The business’s 50-day moving average is $26.76 and its 200-day moving average is $26.13.

Capital Group Core Bond ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, August 1st. Shareholders of record on Wednesday, July 31st were paid a $0.1051 dividend. The ex-dividend date was Wednesday, July 31st.

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.