Fiduciary Alliance LLC Invests $3.23 Million in Capital Group Core Bond ETF $CGCB

Fiduciary Alliance LLC acquired a new stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 122,871 shares of the company’s stock, valued at approximately $3,232,000. Fiduciary Alliance LLC owned about 0.13% of Capital Group Core Bond ETF as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Capital A Wealth Management LLC bought a new stake in Capital Group Core Bond ETF in the 4th quarter worth approximately $25,000. CWM LLC purchased a new position in shares of Capital Group Core Bond ETF in the 1st quarter worth $89,000. Vermillion & White Wealth Management Group LLC bought a new stake in shares of Capital Group Core Bond ETF in the first quarter worth $98,000. Capital Analysts LLC purchased a new stake in Capital Group Core Bond ETF during the first quarter valued at $108,000. Finally, Creative Financial Designs Inc. ADV increased its position in Capital Group Core Bond ETF by 104.6% during the first quarter. Creative Financial Designs Inc. ADV now owns 6,763 shares of the company’s stock valued at $178,000 after acquiring an additional 3,457 shares during the last quarter.

Capital Group Core Bond ETF Price Performance

Shares of NYSEARCA:CGCB opened at $26.74 on Tuesday. The stock’s 50-day simple moving average is $26.34 and its two-hundred day simple moving average is $26.19. Capital Group Core Bond ETF has a 52-week low of $25.44 and a 52-week high of $27.24.

Capital Group Core Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 29th were issued a $0.0938 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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.