Capital Group Core Bond ETF (NYSEARCA:CGCB) Short Interest Update

Capital Group Core Bond ETF (NYSEARCA:CGCB) was the recipient of a large decline in short interest in December. As of December 31st, there was short interest totaling 212,965 shares, a decline of 35.4% from the December 15th total of 329,454 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 869,990 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 869,990 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are short sold.

Capital Group Core Bond ETF Stock Down 0.2%

NYSEARCA:CGCB traded down $0.05 during trading hours on Friday, hitting $26.54. The stock had a trading volume of 1,435,321 shares, compared to its average volume of 1,265,820. The business has a 50 day simple moving average of $26.59 and a two-hundred day simple moving average of $26.52. Capital Group Core Bond ETF has a 1-year low of $25.57 and a 1-year high of $26.91.

Capital Group Core Bond ETF Increases Dividend

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

Institutional Trading of Capital Group Core Bond ETF

Large investors have recently modified their holdings of the business. Perigon Wealth Management LLC lifted its stake in shares of Capital Group Core Bond ETF by 41.8% in the fourth quarter. Perigon Wealth Management LLC now owns 15,242 shares of the company’s stock worth $404,000 after acquiring an additional 4,490 shares in the last quarter. Balboa Wealth Partners grew its stake in Capital Group Core Bond ETF by 30.9% during the 4th quarter. Balboa Wealth Partners now owns 13,249 shares of the company’s stock valued at $351,000 after purchasing an additional 3,124 shares in the last quarter. Tempus Wealth Planning LLC increased its holdings in Capital Group Core Bond ETF by 6.6% during the 4th quarter. Tempus Wealth Planning LLC now owns 26,709 shares of the company’s stock worth $708,000 after purchasing an additional 1,654 shares during the last quarter. Lodestone Wealth Management LLC raised its position in shares of Capital Group Core Bond ETF by 2.5% in the 4th quarter. Lodestone Wealth Management LLC now owns 90,615 shares of the company’s stock valued at $2,403,000 after purchasing an additional 2,180 shares in the last quarter. Finally, Hartmann Taylor Wealth Management LLC boosted its stake in shares of Capital Group Core Bond ETF by 42.6% during the 4th quarter. Hartmann Taylor Wealth Management LLC now owns 11,404 shares of the company’s stock valued at $302,000 after buying an additional 3,404 shares during the last quarter.

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.