Southern Style Financial Inc. Invests $17.99 Million in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Southern Style Financial Inc. purchased a new stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) in the 4th quarter, HoldingsChannel reports. The firm purchased 697,633 shares of the company’s stock, valued at approximately $17,992,000. Capital Group Core Bond ETF accounts for approximately 14.6% of Southern Style Financial Inc.’s investment portfolio, making the stock its 2nd biggest position. Southern Style Financial Inc. owned about 0.08% of Capital Group Core Bond ETF at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Advance Capital Management Inc. grew its position in shares of Capital Group Core Bond ETF by 46.1% in the third quarter. Advance Capital Management Inc. now owns 18,551,789 shares of the company’s stock valued at $499,971,000 after purchasing an additional 5,850,199 shares during the period. Stifel Financial Corp lifted its stake in Capital Group Core Bond ETF by 344.1% in the 3rd quarter. Stifel Financial Corp now owns 1,138,282 shares of the company’s stock valued at $30,677,000 after buying an additional 881,968 shares in the last quarter. Regatta Capital Group LLC acquired a new stake in Capital Group Core Bond ETF in the 4th quarter worth about $16,532,000. Cetera Investment Advisers purchased a new stake in Capital Group Core Bond ETF during the 2nd quarter worth approximately $6,981,000. Finally, Great Valley Advisor Group Inc. acquired a new position in shares of Capital Group Core Bond ETF during the third quarter valued at approximately $5,007,000.

Capital Group Core Bond ETF Stock Up 0.0 %

Shares of NYSEARCA:CGCB opened at $25.94 on Wednesday. Capital Group Core Bond ETF has a 1 year low of $25.21 and a 1 year high of $27.24. The business’s 50 day moving average price is $25.95 and its 200-day moving average price is $26.36.

Capital Group Core Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 29th were issued a dividend of $0.084 per share. The ex-dividend date was Friday, November 29th.

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.