Capital Group Core Bond ETF $CGCB Stock Sold by Leverty Financial Group LLC

Leverty Financial Group LLC decreased its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 32.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,103,427 shares of the company’s stock after selling 521,379 shares during the quarter. Capital Group Core Bond ETF makes up 5.1% of Leverty Financial Group LLC’s holdings, making the stock its 7th largest holding. Leverty Financial Group LLC owned about 0.43% of Capital Group Core Bond ETF worth $27,564,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its position in Capital Group Core Bond ETF by 12.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,721,547 shares of the company’s stock valued at $202,150,000 after purchasing an additional 841,106 shares during the period. Cetera Investment Advisers lifted its position in shares of Capital Group Core Bond ETF by 17.7% in the 1st quarter. Cetera Investment Advisers now owns 3,932,344 shares of the company’s stock worth $103,263,000 after purchasing an additional 591,197 shares during the period. Bank of America Corp DE boosted its stake in shares of Capital Group Core Bond ETF by 36.1% during the first quarter. Bank of America Corp DE now owns 3,646,178 shares of the company’s stock valued at $95,749,000 after purchasing an additional 968,033 shares in the last quarter. Sei Investments Co. increased its holdings in Capital Group Core Bond ETF by 33.6% during the first quarter. Sei Investments Co. now owns 2,501,744 shares of the company’s stock valued at $65,696,000 after buying an additional 629,239 shares during the period. Finally, Johnson Bixby & Associates LLC increased its holdings in Capital Group Core Bond ETF by 6.8% during the first quarter. Johnson Bixby & Associates LLC now owns 2,184,031 shares of the company’s stock valued at $57,353,000 after buying an additional 139,251 shares during the period.

Capital Group Core Bond ETF Stock Performance

NYSEARCA:CGCB traded up $0.07 during trading hours on Thursday, reaching $25.05. The company’s stock had a trading volume of 652,700 shares, compared to its average volume of 1,322,397. The stock has a 50 day moving average price of $25.60 and a two-hundred day moving average price of $25.98. Capital Group Core Bond ETF has a 12 month low of $24.85 and a 12 month high of $26.91.

Capital Group Core Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were paid a dividend of $0.0956 per share. This is an increase from Capital Group Core Bond ETF’s previous monthly dividend of $0.0844. The ex-dividend date was Tuesday, September 29th. This represents a $1.15 dividend on an annualized basis and a dividend yield of 4.6%.

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.