344,870 Shares in Capital Group Core Bond ETF $CGCB Acquired by Creekmur Asset Management LLC

Creekmur Asset Management LLC acquired a new position in Capital Group Core Bond ETF (NYSEARCA:CGCB) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 344,870 shares of the company’s stock, valued at approximately $9,070,000. Capital Group Core Bond ETF comprises approximately 1.6% of Creekmur Asset Management LLC’s investment portfolio, making the stock its 12th largest position. Creekmur Asset Management LLC owned 0.34% of Capital Group Core Bond ETF as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the stock. Bill Few Associates Inc. raised its position in Capital Group Core Bond ETF by 0.9% in the 2nd quarter. Bill Few Associates Inc. now owns 47,071 shares of the company’s stock worth $1,238,000 after purchasing an additional 425 shares during the last quarter. Janney Montgomery Scott LLC raised its position in Capital Group Core Bond ETF by 3.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 17,423 shares of the company’s stock worth $458,000 after purchasing an additional 541 shares during the last quarter. Tempus Wealth Planning LLC raised its position in Capital Group Core Bond ETF by 2.9% in the 2nd quarter. Tempus Wealth Planning LLC now owns 26,583 shares of the company’s stock worth $699,000 after purchasing an additional 752 shares during the last quarter. Morgan Dempsey Capital Management LLC raised its position in Capital Group Core Bond ETF by 15.8% in the 2nd quarter. Morgan Dempsey Capital Management LLC now owns 5,622 shares of the company’s stock worth $148,000 after purchasing an additional 767 shares during the last quarter. Finally, Financial Perspectives Inc raised its position in Capital Group Core Bond ETF by 17.7% in the 2nd quarter. Financial Perspectives Inc now owns 6,004 shares of the company’s stock worth $158,000 after purchasing an additional 904 shares during the last quarter.

Capital Group Core Bond ETF Price Performance

CGCB opened at $26.73 on Friday. The firm has a 50 day simple moving average of $26.65 and a 200 day simple moving average of $26.30. Capital Group Core Bond ETF has a fifty-two week low of $25.44 and a fifty-two week high of $26.91.

Capital Group Core Bond ETF Cuts Dividend

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

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.