Sunpointe LLC Has $2.20 Million Position in Capital Group Core Bond ETF $CGCB

Sunpointe LLC lifted its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 501.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 82,728 shares of the company’s stock after purchasing an additional 68,964 shares during the quarter. Sunpointe LLC owned 0.06% of Capital Group Core Bond ETF worth $2,199,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Jane Street Group LLC boosted its position in Capital Group Core Bond ETF by 124.2% in the first quarter. Jane Street Group LLC now owns 349,693 shares of the company’s stock valued at $9,190,000 after buying an additional 193,693 shares in the last quarter. Assetmark Inc. bought a new position in shares of Capital Group Core Bond ETF in the 2nd quarter valued at $246,000. Bank of Montreal Can boosted its holdings in shares of Capital Group Core Bond ETF by 23.3% during the 2nd quarter. Bank of Montreal Can now owns 5,300 shares of the company’s stock valued at $139,000 after acquiring an additional 1,000 shares in the last quarter. Cannon Financial Strategists Inc. boosted its holdings in shares of Capital Group Core Bond ETF by 1.0% during the 2nd quarter. Cannon Financial Strategists Inc. now owns 464,593 shares of the company’s stock valued at $12,219,000 after acquiring an additional 4,435 shares in the last quarter. Finally, Prospera Financial Services Inc grew its position in Capital Group Core Bond ETF by 40.9% during the 2nd quarter. Prospera Financial Services Inc now owns 30,329 shares of the company’s stock worth $798,000 after acquiring an additional 8,799 shares during the last quarter.

Capital Group Core Bond ETF Stock Down 0.3%

Shares of CGCB opened at $26.63 on Friday. Capital Group Core Bond ETF has a 12-month low of $25.57 and a 12-month high of $26.91. The business has a 50-day simple moving average of $26.63 and a two-hundred day simple moving average of $26.62.

Capital Group Core Bond ETF Increases Dividend

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

Capital Group Core Bond ETF 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.