Wealth Enhancement Advisory Services LLC Cuts Stake in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Wealth Enhancement Advisory Services LLC reduced its stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 7.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,306 shares of the company’s stock after selling 2,547 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Capital Group Core Bond ETF were worth $817,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Osaic Holdings Inc. lifted its holdings in shares of Capital Group Core Bond ETF by 161.1% during the first quarter. Osaic Holdings Inc. now owns 288,864 shares of the company’s stock valued at $7,508,000 after purchasing an additional 178,221 shares in the last quarter. Smith Thornton Advisors LLC bought a new position in shares of Capital Group Core Bond ETF during the second quarter valued at $633,000. Dynamic Advisor Solutions LLC bought a new position in shares of Capital Group Core Bond ETF during the second quarter valued at $3,587,000. Envestnet Asset Management Inc. lifted its holdings in shares of 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 in the last quarter. Finally, Private Advisor Group LLC lifted its holdings in Capital Group Core Bond ETF by 58.8% in the second quarter. Private Advisor Group LLC now owns 30,828 shares of the company’s stock valued at $796,000 after acquiring an additional 11,417 shares during the period.

Capital Group Core Bond ETF Price Performance

CGCB stock opened at $25.97 on Thursday. Capital Group Core Bond ETF has a fifty-two week low of $24.90 and a fifty-two week high of $27.24. The business’s 50-day moving average is $26.71 and its two-hundred day moving average is $26.28.

Capital Group Core Bond ETF Cuts Dividend

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

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.