Capital Group Core Bond ETF $CGCB Shares Sold by Werba Rubin Papier Wealth Management

Werba Rubin Papier Wealth Management lessened its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 26.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 233,482 shares of the company’s stock after selling 82,123 shares during the quarter. Capital Group Core Bond ETF comprises about 0.7% of Werba Rubin Papier Wealth Management’s portfolio, making the stock its 26th largest holding. Werba Rubin Papier Wealth Management’s holdings in Capital Group Core Bond ETF were worth $5,832,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Capital Management Associates Inc lifted its holdings in shares of Capital Group Core Bond ETF by 1.1% during the third quarter. Capital Management Associates Inc now owns 36,661 shares of the company’s stock worth $916,000 after purchasing an additional 409 shares during the period. Dynamic Advisor Solutions LLC grew its position in Capital Group Core Bond ETF by 0.3% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 138,294 shares of the company’s stock valued at $3,621,000 after buying an additional 416 shares during the last quarter. Summit Global Investments increased its stake in Capital Group Core Bond ETF by 4.2% in the 1st quarter. Summit Global Investments now owns 14,133 shares of the company’s stock valued at $371,000 after buying an additional 565 shares during the period. United Advisor Group LLC increased its stake in Capital Group Core Bond ETF by 0.6% in the 3rd quarter. United Advisor Group LLC now owns 106,070 shares of the company’s stock valued at $2,650,000 after buying an additional 655 shares during the period. Finally, Wealthcare Advisory Partners LLC increased its stake in Capital Group Core Bond ETF by 6.6% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 10,661 shares of the company’s stock valued at $279,000 after buying an additional 663 shares during the period.

Capital Group Core Bond ETF Stock Performance

Shares of Capital Group Core Bond ETF stock opened at $25.20 on Friday. Capital Group Core Bond ETF has a one year low of $24.85 and a one year high of $26.90. The firm has a fifty day moving average of $25.33 and a two-hundred day moving average of $26.01.

Capital Group Core Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, November 2nd. Stockholders of record on Friday, October 30th were issued a $0.0951 dividend. The ex-dividend date of this dividend was Friday, October 30th. This is a negative change from Capital Group Core Bond ETF’s previous monthly dividend of $0.0956. This represents a $1.14 annualized dividend and a dividend yield of 4.5%.

About Capital Group Core Bond ETF

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.