Gutierrez Wealth Advisory LLC Buys New Shares in Capital Group Core Bond ETF $CGCB

Gutierrez Wealth Advisory LLC purchased a new position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 19,565 shares of the company’s stock, valued at approximately $520,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Clearstead Trust LLC purchased a new stake in shares of Capital Group Core Bond ETF during the third quarter worth approximately $37,000. Huntington National Bank purchased a new stake in shares of Capital Group Core Bond ETF during the 3rd quarter worth $54,000. EverSource Wealth Advisors LLC acquired a new position in shares of Capital Group Core Bond ETF during the third quarter worth $67,000. Marshall & Sterling Wealth Advisors Inc. grew its stake in shares of Capital Group Core Bond ETF by 77.5% during the third 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 in the last quarter. Finally, Bank of Montreal Can increased its holdings in Capital Group Core Bond ETF by 23.3% in the second quarter. Bank of Montreal Can now owns 5,300 shares of the company’s stock valued at $139,000 after buying an additional 1,000 shares during the last quarter.

Capital Group Core Bond ETF Stock Performance

Capital Group Core Bond ETF stock opened at $26.74 on Wednesday. The stock’s fifty day moving average is $26.63 and its two-hundred day moving average is $26.62. Capital Group Core Bond ETF has a 1-year low of $25.57 and a 1-year high of $26.91.

Capital Group Core Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were given a dividend of $0.086 per share. 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. This represents a c) annualized dividend and a dividend 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.