Private Advisor Group LLC Trims Stake in Capital Group Core Bond ETF $CGCB

Private Advisor Group LLC lowered its position in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 7.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 377,951 shares of the company’s stock after selling 28,807 shares during the period. Private Advisor Group LLC’s holdings in Capital Group Core Bond ETF were worth $10,046,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Jane Street Group LLC grew its position in Capital Group Core Bond ETF by 124.2% during the first quarter. Jane Street Group LLC now owns 349,693 shares of the company’s stock worth $9,190,000 after buying an additional 193,693 shares in the last quarter. Bank of Montreal Can increased its stake in Capital Group Core Bond ETF by 23.3% in 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. Prospera Financial Services Inc raised its holdings in shares of Capital Group Core Bond ETF by 40.9% in the 2nd quarter. Prospera Financial Services Inc now owns 30,329 shares of the company’s stock valued at $798,000 after acquiring an additional 8,799 shares in the last quarter. CWS Financial Advisors LLC raised its holdings in shares of Capital Group Core Bond ETF by 8.0% in the 2nd quarter. CWS Financial Advisors LLC now owns 30,204 shares of the company’s stock valued at $794,000 after acquiring an additional 2,243 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of Capital Group Core Bond ETF by 36.8% during the 2nd quarter. Cetera Investment Advisers now owns 1,549,123 shares of the company’s stock valued at $40,742,000 after acquiring an additional 416,425 shares during the last quarter.

Capital Group Core Bond ETF Price Performance

Shares of NYSEARCA CGCB opened at $26.48 on Thursday. The business has a 50-day moving average of $26.64 and a 200-day moving average of $26.63. Capital Group Core Bond ETF has a 12 month low of $25.57 and a 12 month high of $26.91.

Capital Group Core Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were given a dividend of $0.086 per share. The ex-dividend date was Friday, February 27th. This is a boost from Capital Group Core Bond ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a yield of 3.9%.

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.