Capital Group Core Bond ETF (NYSEARCA:CGCB) Shares Bought by Capital International Investors

Capital International Investors grew its holdings in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 162.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 5,046,724 shares of the company’s stock after buying an additional 3,127,165 shares during the quarter. Capital International Investors owned 0.55% of Capital Group Core Bond ETF worth $130,155,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. JPMorgan Chase & Co. acquired a new position in Capital Group Core Bond ETF during the 3rd quarter valued at about $330,000. Dentgroup LLC boosted its holdings in shares of Capital Group Core Bond ETF by 808.8% in the fourth quarter. Dentgroup LLC now owns 120,496 shares of the company’s stock valued at $3,108,000 after acquiring an additional 107,237 shares in the last quarter. Brookstone Capital Management bought a new position in shares of Capital Group Core Bond ETF in the fourth quarter valued at approximately $522,000. Pines Wealth Management LLC acquired a new position in shares of Capital Group Core Bond ETF during the fourth quarter valued at approximately $808,000. Finally, Keeler & Nadler Financial Planning & Wealth Management bought a new stake in Capital Group Core Bond ETF during the fourth quarter worth approximately $1,900,000.

Capital Group Core Bond ETF Stock Down 0.2 %

Shares of NYSEARCA CGCB opened at $26.05 on Friday. Capital Group Core Bond ETF has a 1 year low of $25.21 and a 1 year high of $27.24. The stock has a fifty day moving average price of $26.16 and a two-hundred day moving average price of $26.11.

Capital Group Core Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 28th were issued a $0.0884 dividend. This is a positive change from Capital Group Core Bond ETF’s previous dividend of $0.07. The ex-dividend date was Friday, March 28th.

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.