Uptick Partners LLC Raises Position in Capital Group Core Bond ETF $CGCB

Uptick Partners LLC lifted its position in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 248.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 214,333 shares of the company’s stock after buying an additional 152,882 shares during the period. Capital Group Core Bond ETF comprises 1.2% of Uptick Partners LLC’s portfolio, making the stock its 18th largest holding. Uptick Partners LLC owned about 0.14% of Capital Group Core Bond ETF worth $5,684,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Capital International Investors raised its holdings in Capital Group Core Bond ETF by 92.3% in the 3rd quarter. Capital International Investors now owns 19,008,607 shares of the company’s stock worth $505,249,000 after acquiring an additional 9,125,578 shares during the last quarter. Johnson Bixby & Associates LLC boosted its stake in Capital Group Core Bond ETF by 14,622.3% during the 4th quarter. Johnson Bixby & Associates LLC now owns 2,044,780 shares of the company’s stock valued at $54,228,000 after purchasing an additional 2,030,891 shares during the last quarter. Aprio Wealth Management LLC purchased a new stake in Capital Group Core Bond ETF during the 4th quarter valued at $25,716,000. Bank of America Corp DE increased its holdings in shares of Capital Group Core Bond ETF by 269.8% in the 2nd quarter. Bank of America Corp DE now owns 1,203,357 shares of the company’s stock worth $31,648,000 after purchasing an additional 877,912 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Capital Group Core Bond ETF by 22.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,374,447 shares of the company’s stock worth $116,273,000 after purchasing an additional 797,548 shares in the last quarter.

Capital Group Core Bond ETF Stock Performance

CGCB stock opened at $26.20 on Friday. Capital Group Core Bond ETF has a 1-year low of $25.71 and a 1-year high of $26.91. The business has a fifty day moving average price of $26.46 and a 200-day moving average price of $26.57.

Capital Group Core Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were given a $0.086 dividend. 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. This represents a c) dividend on an annualized basis and a yield of 3.9%.

Capital Group Core Bond ETF Company 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.