Sagespring Wealth Partners LLC Increases Holdings in Capital Group Core Bond ETF $CGCB

Sagespring Wealth Partners LLC increased its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 17.7% in the second quarter, HoldingsChannel reports. The firm owned 11,161 shares of the company’s stock after acquiring an additional 1,681 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in Capital Group Core Bond ETF were worth $294,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of CGCB. Bill Few Associates Inc. raised its position in Capital Group Core Bond ETF by 0.9% during the 2nd quarter. Bill Few Associates Inc. now owns 47,071 shares of the company’s stock worth $1,238,000 after buying an additional 425 shares during the last quarter. CWM LLC increased its stake in shares of Capital Group Core Bond ETF by 30.4% in the second quarter. CWM LLC now owns 4,417 shares of the company’s stock worth $116,000 after acquiring an additional 1,031 shares during the period. Concurrent Investment Advisors LLC increased its stake in shares of Capital Group Core Bond ETF by 2.2% in the second quarter. Concurrent Investment Advisors LLC now owns 130,444 shares of the company’s stock worth $3,431,000 after acquiring an additional 2,788 shares during the period. Apollon Wealth Management LLC purchased a new position in shares of Capital Group Core Bond ETF during the second quarter worth $744,000. Finally, Endeavor Private Wealth Inc. lifted its position in Capital Group Core Bond ETF by 27.6% during the second quarter. Endeavor Private Wealth Inc. now owns 114,217 shares of the company’s stock valued at $3,004,000 after purchasing an additional 24,721 shares during the period.

Capital Group Core Bond ETF Stock Down 0.1%

NYSEARCA:CGCB opened at $26.80 on Friday. The firm’s fifty day moving average is $26.56 and its two-hundred day moving average is $26.26. Capital Group Core Bond ETF has a one year low of $25.44 and a one year high of $26.86.

Capital Group Core Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 29th were issued a dividend of $0.0905 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Monday, September 29th.

About Capital Group Core Bond ETF

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.