Private Advisor Group LLC Boosts Position in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Private Advisor Group LLC lifted its position in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 415.9% during the third quarter, HoldingsChannel reports. The institutional investor owned 159,054 shares of the company’s stock after purchasing an additional 128,226 shares during the period. Private Advisor Group LLC’s holdings in Capital Group Core Bond ETF were worth $4,287,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of CGCB. Osaic Holdings Inc. increased its stake in Capital Group Core Bond ETF by 161.1% in the 1st quarter. Osaic Holdings Inc. now owns 288,864 shares of the company’s stock worth $7,508,000 after acquiring an additional 178,221 shares during the last quarter. Smith Thornton Advisors LLC bought a new position in shares of Capital Group Core Bond ETF in the second quarter worth approximately $633,000. Dynamic Advisor Solutions LLC purchased a new stake in Capital Group Core Bond ETF in the second quarter valued at approximately $3,587,000. Envestnet Asset Management Inc. lifted its position in Capital Group Core Bond ETF by 426.5% during the second quarter. Envestnet Asset Management Inc. now owns 897,994 shares of the company’s stock valued at $23,186,000 after purchasing an additional 727,447 shares during the last quarter. Finally, Rothschild Investment LLC purchased a new position in Capital Group Core Bond ETF in the 2nd quarter worth approximately $451,000.

Capital Group Core Bond ETF Stock Performance

Capital Group Core Bond ETF stock opened at $26.28 on Monday. Capital Group Core Bond ETF has a fifty-two week low of $24.54 and a fifty-two week high of $27.24. The firm’s fifty day moving average price is $26.82 and its 200-day moving average price is $26.24.

Capital Group Core Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 27th were given a dividend of $0.0849 per share. The ex-dividend date of this dividend was Friday, September 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.