Capital Group Core Bond ETF $CGCB Shares Bought by Valmark Advisers Inc.

Valmark Advisers Inc. raised its holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 5.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 923,308 shares of the company’s stock after purchasing an additional 46,762 shares during the period. Valmark Advisers Inc.’s holdings in Capital Group Core Bond ETF were worth $24,542,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in CGCB. Bill Few Associates Inc. raised its stake in shares of 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 period. Tempus Wealth Planning LLC raised its position in Capital Group Core Bond ETF by 2.9% during the second quarter. Tempus Wealth Planning LLC now owns 26,583 shares of the company’s stock worth $699,000 after acquiring an additional 752 shares during the period. Morgan Dempsey Capital Management LLC raised its position in Capital Group Core Bond ETF by 15.8% during the second quarter. Morgan Dempsey Capital Management LLC now owns 5,622 shares of the company’s stock worth $148,000 after acquiring an additional 767 shares during the period. Financial Perspectives Inc lifted its holdings in Capital Group Core Bond ETF by 17.7% during the second quarter. Financial Perspectives Inc now owns 6,004 shares of the company’s stock valued at $158,000 after purchasing an additional 904 shares in the last quarter. Finally, Fiduciary Alliance LLC grew its position in shares of Capital Group Core Bond ETF by 0.8% in the third quarter. Fiduciary Alliance LLC now owns 123,851 shares of the company’s stock valued at $3,292,000 after purchasing an additional 980 shares during the period.

Capital Group Core Bond ETF Price Performance

CGCB stock opened at $26.57 on Friday. Capital Group Core Bond ETF has a 52 week low of $25.44 and a 52 week high of $26.91. The firm has a 50-day simple moving average of $26.60 and a 200-day simple moving average of $26.51.

Capital Group Core Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 24th were issued a dividend of $0.1186 per share. The ex-dividend date of this dividend was Wednesday, December 24th. This is an increase from Capital Group Core Bond ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%.

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.