Capital Group Core Bond ETF $CGCB Stock: Kestra Advisory Services LLC Increases Stake

Kestra Advisory Services LLC boosted its holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 13.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 525,555 shares of the company’s stock after buying an additional 63,032 shares during the quarter. Kestra Advisory Services LLC owned approximately 0.20% of Capital Group Core Bond ETF worth $13,128,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Advisortrust Partners LLC bought a new position in shares of Capital Group Core Bond ETF in the first quarter worth about $27,000. Latitude Advisors LLC bought a new stake in shares of Capital Group Core Bond ETF during the 3rd quarter valued at approximately $27,000. Legacy Wealth Managment LLC ID acquired a new position in Capital Group Core Bond ETF during the 1st quarter worth approximately $37,000. Ashton Thomas Securities LLC bought a new position in Capital Group Core Bond ETF in the 3rd quarter valued at approximately $140,000. Finally, Fifth Third Securities Inc. bought a new position in Capital Group Core Bond ETF in the 3rd quarter valued at approximately $201,000.

Capital Group Core Bond ETF Stock Performance

Shares of Capital Group Core Bond ETF stock opened at $25.55 on Tuesday. Capital Group Core Bond ETF has a fifty-two week low of $24.85 and a fifty-two week high of $26.90. The company’s 50 day moving average price is $25.35 and its two-hundred day moving average price is $26.03.

Capital Group Core Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, November 2nd. Investors of record on Friday, October 30th were given a dividend of $0.0951 per share. The ex-dividend date of this dividend was Friday, October 30th. This represents a $1.14 annualized dividend and a yield of 4.5%. This is a decrease from Capital Group Core Bond ETF’s previous monthly dividend of $0.0956.

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.