Capital Group Core Bond ETF $CGCB Shares Acquired by Global Retirement Partners LLC

Global Retirement Partners LLC lifted its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 65.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 289,676 shares of the company’s stock after buying an additional 114,357 shares during the quarter. Global Retirement Partners LLC’s holdings in Capital Group Core Bond ETF were worth $7,682,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Jane Street Group LLC lifted its stake in Capital Group Core Bond ETF by 124.2% during the first quarter. Jane Street Group LLC now owns 349,693 shares of the company’s stock worth $9,190,000 after purchasing an additional 193,693 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Capital Group Core Bond ETF by 3.0% during the second quarter. JPMorgan Chase & Co. now owns 197,988 shares of the company’s stock worth $5,207,000 after purchasing an additional 5,767 shares during the last quarter. XTX Topco Ltd bought a new position in Capital Group Core Bond ETF during the second quarter worth $203,000. NewEdge Advisors LLC lifted its stake in Capital Group Core Bond ETF by 31.3% during the second quarter. NewEdge Advisors LLC now owns 170,961 shares of the company’s stock worth $4,496,000 after purchasing an additional 40,721 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in Capital Group Core Bond ETF by 1,552.3% during the second quarter. Sei Investments Co. now owns 505,722 shares of the company’s stock worth $13,300,000 after purchasing an additional 475,115 shares during the last quarter.

Capital Group Core Bond ETF Stock Performance

Shares of CGCB opened at $26.05 on Friday. The business’s fifty day moving average price is $26.29 and its 200 day moving average price is $26.51. Capital Group Core Bond ETF has a 12-month low of $25.71 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 dividend of $0.086 per share. This represents a c) annualized dividend and a yield of 4.0%. This is a boost from Capital Group Core Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date was Friday, February 27th.

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.