Kintra Wealth LLC Grows Stake in Capital Group Core Bond ETF $CGCB

Kintra Wealth LLC lifted its holdings in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 11.6% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,297,322 shares of the company’s stock after acquiring an additional 134,337 shares during the period. Capital Group Core Bond ETF accounts for approximately 1.8% of Kintra Wealth LLC’s investment portfolio, making the stock its 15th biggest holding. Kintra Wealth LLC owned approximately 0.59% of Capital Group Core Bond ETF worth $33,666,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Endeavor Private Wealth Inc. increased its stake in Capital Group Core Bond ETF by 6.5% in the second quarter. Endeavor Private Wealth Inc. now owns 156,810 shares of the company’s stock valued at $4,105,000 after purchasing an additional 9,551 shares during the last quarter. Hopwood Nicholas Hunter purchased a new stake in shares of Capital Group Core Bond ETF during the 2nd quarter worth approximately $2,115,000. Concurrent Investment Advisors LLC boosted its holdings in shares of Capital Group Core Bond ETF by 7.8% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 203,488 shares of the company’s stock valued at $5,327,000 after buying an additional 14,761 shares in the last quarter. Continuum Advisory LLC boosted its holdings in shares of Capital Group Core Bond ETF by 1.9% in the 2nd quarter. Continuum Advisory LLC now owns 1,129,480 shares of the company’s stock valued at $29,570,000 after buying an additional 20,666 shares in the last quarter. Finally, InTrack Investment Management Inc grew its position in shares of Capital Group Core Bond ETF by 15.0% in the 2nd quarter. InTrack Investment Management Inc now owns 157,103 shares of the company’s stock valued at $4,113,000 after buying an additional 20,469 shares during the last quarter.

Capital Group Core Bond ETF Price Performance

NYSEARCA CGCB opened at $25.73 on Friday. The firm’s fifty day moving average price is $25.94 and its 200 day moving average price is $26.21. Capital Group Core Bond ETF has a 12 month low of $25.66 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, August 3rd. Shareholders of record on Friday, July 31st were issued a dividend of $0.1071 per share. The ex-dividend date of this dividend was Friday, July 31st. This is a positive change from Capital Group Core Bond ETF’s previous monthly dividend of $0.08. This represents a c) annualized dividend and a dividend yield of 5.0%.

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.