Panoramic Capital Partners LLC Grows Stock Holdings in Capital Group Core Bond ETF $CGCB

Panoramic Capital Partners LLC grew its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 18.1% in the 4th quarter, HoldingsChannel reports. The fund owned 751,213 shares of the company’s stock after purchasing an additional 115,234 shares during the quarter. Capital Group Core Bond ETF makes up 12.2% of Panoramic Capital Partners LLC’s investment portfolio, making the stock its 3rd largest position. Panoramic Capital Partners LLC’s holdings in Capital Group Core Bond ETF were worth $19,922,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. IFP Advisors Inc grew its holdings in shares of Capital Group Core Bond ETF by 473.1% during the 3rd quarter. IFP Advisors Inc now owns 1,066 shares of the company’s stock worth $28,000 after purchasing an additional 880 shares in the last quarter. Clearstead Trust LLC acquired a new position in Capital Group Core Bond ETF in the third quarter valued at about $37,000. Huntington National Bank bought a new stake in Capital Group Core Bond ETF during the third quarter worth about $54,000. EverSource Wealth Advisors LLC acquired a new stake in Capital Group Core Bond ETF during the third quarter worth about $67,000. Finally, Marshall & Sterling Wealth Advisors Inc. grew its stake in 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 buying an additional 1,912 shares in the last quarter.

Capital Group Core Bond ETF Price Performance

CGCB stock opened at $26.20 on Friday. The company’s 50-day moving average price is $26.62 and its two-hundred day moving average price is $26.63. Capital Group Core Bond ETF has a 12 month low of $25.57 and a 12 month high of $26.91.

Capital Group Core Bond ETF Increases Dividend

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

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.