Uptick Partners LLC Increases Stock Holdings in Capital Group Core Bond ETF $CGCB

Uptick Partners LLC increased its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 45.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 61,451 shares of the company’s stock after purchasing an additional 19,126 shares during the quarter. Uptick Partners LLC’s holdings in Capital Group Core Bond ETF were worth $1,633,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Benjamin Edwards Inc. grew its stake in shares of Capital Group Core Bond ETF by 64.7% during the third quarter. Benjamin Edwards Inc. now owns 125,647 shares of the company’s stock valued at $3,340,000 after buying an additional 49,355 shares during the last quarter. Concurrent Investment Advisors LLC lifted its stake in shares of Capital Group Core Bond ETF by 34.7% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 175,706 shares of the company’s stock worth $4,670,000 after acquiring an additional 45,262 shares during the last quarter. Truist Financial Corp boosted its holdings in Capital Group Core Bond ETF by 35.9% during the 2nd quarter. Truist Financial Corp now owns 61,167 shares of the company’s stock valued at $1,609,000 after acquiring an additional 16,153 shares during the period. Janney Montgomery Scott LLC grew its position in Capital Group Core Bond ETF by 74.0% in the 2nd quarter. Janney Montgomery Scott LLC now owns 30,315 shares of the company’s stock valued at $797,000 after acquiring an additional 12,892 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its position in Capital Group Core Bond ETF by 173.4% in the 2nd quarter. Geneos Wealth Management Inc. now owns 376,695 shares of the company’s stock valued at $9,907,000 after acquiring an additional 238,923 shares during the last quarter.

Capital Group Core Bond ETF Trading Down 0.3%

NYSEARCA:CGCB opened at $26.51 on Friday. Capital Group Core Bond ETF has a twelve month low of $25.57 and a twelve month high of $26.91. The stock has a fifty day simple moving average of $26.58 and a 200-day simple moving average of $26.55.

Capital Group Core Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 2nd. Investors of record on Friday, January 30th will be issued a dividend of $0.069 per share. The ex-dividend date is Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 3.1%.

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.