Capital Group Core Bond ETF $CGCB Shares Sold by Regatta Capital Group LLC

Regatta Capital Group LLC cut its position in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 89.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 79,124 shares of the company’s stock after selling 676,435 shares during the period. Regatta Capital Group LLC owned 0.06% of Capital Group Core Bond ETF worth $2,098,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Capital International Investors increased its holdings in Capital Group Core Bond ETF by 92.3% in the third quarter. Capital International Investors now owns 19,008,607 shares of the company’s stock valued at $505,249,000 after buying an additional 9,125,578 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Capital Group Core Bond ETF by 22.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,374,447 shares of the company’s stock worth $116,273,000 after acquiring an additional 797,548 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Capital Group Core Bond ETF by 8.2% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,791,373 shares of the company’s stock valued at $100,775,000 after acquiring an additional 286,834 shares during the last quarter. Raymond James Financial Inc. raised its position in shares of Capital Group Core Bond ETF by 2.7% during the 3rd quarter. Raymond James Financial Inc. now owns 2,212,612 shares of the company’s stock worth $58,811,000 after acquiring an additional 58,984 shares in the last quarter. Finally, Bank of America Corp DE raised its position in shares of Capital Group Core Bond ETF by 65.6% during the 3rd quarter. Bank of America Corp DE now owns 1,992,684 shares of the company’s stock worth $52,966,000 after acquiring an additional 789,327 shares in the last quarter.

Capital Group Core Bond ETF Stock Down 0.7%

Shares of CGCB opened at $26.14 on Friday. The stock has a 50 day moving average price of $26.59 and a 200 day moving average price of $26.62. Capital Group Core Bond ETF has a 52-week low of $25.57 and a 52-week high of $26.91.

Capital Group Core Bond ETF Increases Dividend

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

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.