Capital Group Core Bond ETF $CGCB Shares Bought by MGO One Seven LLC

MGO One Seven LLC lifted its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 4,000.0% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 634,674 shares of the company’s stock after buying an additional 619,194 shares during the quarter. MGO One Seven LLC’s holdings in Capital Group Core Bond ETF were worth $15,854,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Strid Group LLC bought a new position in Capital Group Core Bond ETF in the 3rd quarter valued at about $5,332,000. Blueprint Investment Partners LLC lifted its position in Capital Group Core Bond ETF by 10.5% during the third quarter. Blueprint Investment Partners LLC now owns 57,718 shares of the company’s stock worth $1,442,000 after acquiring an additional 5,476 shares during the last quarter. Blueprint Financial Advisors LLC boosted its holdings in shares of Capital Group Core Bond ETF by 10.5% during the third quarter. Blueprint Financial Advisors LLC now owns 57,718 shares of the company’s stock worth $1,442,000 after acquiring an additional 5,476 shares during the period. D.A. Davidson & CO. bought a new stake in shares of Capital Group Core Bond ETF during the third quarter worth approximately $20,708,000. Finally, William Mack & Associates Inc. boosted its holdings in shares of Capital Group Core Bond ETF by 79.1% during the third quarter. William Mack & Associates Inc. now owns 24,682 shares of the company’s stock worth $617,000 after acquiring an additional 10,900 shares during the period.

Capital Group Core Bond ETF Stock Down 0.0%

Capital Group Core Bond ETF stock opened at $25.45 on Friday. Capital Group Core Bond ETF has a 12 month low of $24.85 and a 12 month high of $26.90. The stock’s 50 day moving average is $25.40 and its 200-day moving average is $26.06.

Capital Group Core Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, November 2nd. Investors of record on Friday, October 30th will be issued a dividend of $0.0951 per share. This represents a $1.14 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Friday, October 30th. This is a decrease from Capital Group Core Bond ETF’s previous monthly dividend of $0.0956.

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.