Capital Group Core Bond ETF $CGCB Stock: Johnson Bixby & Associates LLC Raises Stake

Johnson Bixby & Associates LLC grew its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 11.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,618,848 shares of the company’s stock after acquiring an additional 261,357 shares during the quarter. Capital Group Core Bond ETF comprises about 7.2% of Johnson Bixby & Associates LLC’s investment portfolio, making the stock its 4th biggest holding. Johnson Bixby & Associates LLC’s holdings in Capital Group Core Bond ETF were worth $65,419,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the company. Bank of America Corp DE lifted its position in shares of Capital Group Core Bond ETF by 36.1% during the 1st quarter. Bank of America Corp DE now owns 3,646,178 shares of the company’s stock valued at $95,749,000 after buying an additional 968,033 shares in the last quarter. Valmark Advisers Inc. boosted its stake in shares of Capital Group Core Bond ETF by 82.5% in the first quarter. Valmark Advisers Inc. now owns 2,058,831 shares of the company’s stock worth $54,065,000 after acquiring an additional 930,871 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Capital Group Core Bond ETF by 12.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,721,547 shares of the company’s stock worth $202,150,000 after purchasing an additional 841,106 shares in the last quarter. Royal Harbor Partners LLC bought a new stake in shares of Capital Group Core Bond ETF during the first quarter valued at approximately $17,352,000. Finally, Sei Investments Co. lifted its holdings in shares of Capital Group Core Bond ETF by 33.6% in the first quarter. Sei Investments Co. now owns 2,501,744 shares of the company’s stock worth $65,696,000 after buying an additional 629,239 shares in the last quarter.

Capital Group Core Bond ETF Price Performance

CGCB opened at $25.13 on Thursday. Capital Group Core Bond ETF has a 52 week low of $24.85 and a 52 week high of $26.91. The firm has a 50-day simple moving average of $25.52 and a two-hundred day simple moving average of $25.94.

Capital Group Core Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were issued a dividend of $0.0956 per share. This represents a $1.15 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Tuesday, September 29th. This is a positive change from Capital Group Core Bond ETF’s previous monthly dividend of $0.0844.

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.