Synergy Investment Management LLC Purchases Shares of 49,145 Capital Group Core Bond ETF $CGCB

Synergy Investment Management LLC acquired a new position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 49,145 shares of the company’s stock, valued at approximately $1,306,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Private Trust Co. NA lifted its position in Capital Group Core Bond ETF by 133.2% during the second quarter. Private Trust Co. NA now owns 3,964 shares of the company’s stock valued at $104,000 after purchasing an additional 2,264 shares during the last quarter. CWM LLC raised its position in shares of Capital Group Core Bond ETF by 30.4% during the 2nd quarter. CWM LLC now owns 4,417 shares of the company’s stock valued at $116,000 after buying an additional 1,031 shares in the last quarter. Bank of Montreal Can lifted its holdings in shares of Capital Group Core Bond ETF by 23.3% during the 2nd quarter. Bank of Montreal Can now owns 5,300 shares of the company’s stock worth $139,000 after acquiring an additional 1,000 shares during the last quarter. Farther Finance Advisors LLC grew its position in Capital Group Core Bond ETF by 1,686.0% in the third quarter. Farther Finance Advisors LLC now owns 5,501 shares of the company’s stock worth $146,000 after acquiring an additional 5,193 shares in the last quarter. Finally, Ashton Thomas Securities LLC purchased a new position in Capital Group Core Bond ETF in the third quarter worth $149,000.

Capital Group Core Bond ETF Stock Performance

NYSEARCA CGCB opened at $26.80 on Thursday. The stock’s 50-day simple moving average is $26.58 and its two-hundred day simple moving average is $26.59. Capital Group Core Bond ETF has a twelve month low of $25.57 and a twelve month high of $26.91.

Capital Group Core Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, February 2nd. Investors of record on Friday, January 30th were given a $0.069 dividend. The ex-dividend date was Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 3.1%.

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.