Capital Group Core Bond ETF $CGCB Shares Purchased by Mission Wealth Management LP

Mission Wealth Management LP increased its holdings in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 96.0% in the fourth quarter, Holdings Channel reports. The firm owned 136,954 shares of the company’s stock after acquiring an additional 67,081 shares during the period. Mission Wealth Management LP’s holdings in Capital Group Core Bond ETF were worth $3,632,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Cambridge Investment Research Advisors Inc. increased its position in Capital Group Core Bond ETF by 12.9% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 1,423,012 shares of the company’s stock worth $37,738,000 after purchasing an additional 162,281 shares in the last quarter. Stephens Inc. AR increased its position in Capital Group Core Bond ETF by 18.8% during the 4th quarter. Stephens Inc. AR now owns 692,236 shares of the company’s stock worth $18,358,000 after purchasing an additional 109,674 shares in the last quarter. Cauble & Harre Wealth Management Inc. acquired a new stake in Capital Group Core Bond ETF during the 4th quarter worth approximately $1,218,000. Compton Financial Group LLC acquired a new stake in Capital Group Core Bond ETF during the 4th quarter worth approximately $316,000. Finally, Cornerstone Wealth Management LLC increased its position in Capital Group Core Bond ETF by 19.3% during the 4th quarter. Cornerstone Wealth Management LLC now owns 34,552 shares of the company’s stock worth $916,000 after purchasing an additional 5,600 shares in the last quarter.

Capital Group Core Bond ETF Price Performance

CGCB opened at $25.97 on Tuesday. Capital Group Core Bond ETF has a 1 year low of $25.71 and a 1 year high of $26.91. The firm has a 50 day moving average price of $26.33 and a 200 day moving average price of $26.52.

Capital Group Core Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were given a $0.086 dividend. This represents a c) annualized dividend and a yield of 4.0%. 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.