NerdWallet Wealth Partners LLC Has $9.20 Million Position in Capital Group Core Bond ETF $CGCB

NerdWallet Wealth Partners LLC increased its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 20.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 347,118 shares of the company’s stock after buying an additional 59,962 shares during the period. Capital Group Core Bond ETF makes up 4.2% of NerdWallet Wealth Partners LLC’s holdings, making the stock its 7th biggest holding. NerdWallet Wealth Partners LLC’s holdings in Capital Group Core Bond ETF were worth $9,204,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in CGCB. IFP Advisors Inc raised its stake in shares of Capital Group Core Bond ETF by 473.1% in the third quarter. IFP Advisors Inc now owns 1,066 shares of the company’s stock worth $28,000 after acquiring an additional 880 shares during the last quarter. Clearstead Trust LLC bought a new stake in shares of Capital Group Core Bond ETF during the third quarter valued at approximately $37,000. Huntington National Bank bought a new stake in shares of Capital Group Core Bond ETF during the third quarter valued at approximately $54,000. EverSource Wealth Advisors LLC acquired a new stake in shares of Capital Group Core Bond ETF in the third quarter valued at approximately $67,000. Finally, Marshall & Sterling Wealth Advisors Inc. raised its position in Capital Group Core Bond ETF by 77.5% in the 3rd quarter. Marshall & Sterling Wealth Advisors Inc. now owns 4,378 shares of the company’s stock worth $116,000 after purchasing an additional 1,912 shares during the last quarter.

Capital Group Core Bond ETF Stock Up 0.4%

NYSEARCA:CGCB opened at $26.32 on Thursday. The stock’s fifty day moving average price is $26.60 and its two-hundred day moving average price is $26.63. Capital Group Core Bond ETF has a 52-week low of $25.57 and a 52-week high of $26.91.

Capital Group Core Bond ETF Increases Dividend

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

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.