American Financial Advisors LLC Acquires 760,852 Shares of Capital Group Core Bond ETF (NYSEARCA:CGCB)

American Financial Advisors LLC lifted its holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 1,115.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 829,079 shares of the company’s stock after purchasing an additional 760,852 shares during the quarter. Capital Group Core Bond ETF accounts for approximately 3.0% of American Financial Advisors LLC’s investment portfolio, making the stock its 14th biggest holding. American Financial Advisors LLC owned 9.11% of Capital Group Core Bond ETF worth $21,407,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Meridian Wealth Management LLC bought a new stake in Capital Group Core Bond ETF during the 4th quarter worth about $1,505,000. Osaic Holdings Inc. boosted its position in Capital Group Core Bond ETF by 161.1% during the first quarter. Osaic Holdings Inc. now owns 288,864 shares of the company’s stock valued at $7,508,000 after purchasing an additional 178,221 shares during the last quarter. Dynamic Advisor Solutions LLC bought a new position in Capital Group Core Bond ETF in the second quarter valued at approximately $3,587,000. Valmark Advisers Inc. acquired a new position in shares of Capital Group Core Bond ETF during the 4th quarter worth approximately $13,951,000. Finally, U.S. Capital Wealth Advisors LLC bought a new stake in shares of Capital Group Core Bond ETF during the 4th quarter worth approximately $290,000.

Capital Group Core Bond ETF Trading Up 0.5 %

Shares of NYSEARCA CGCB traded up $0.14 during trading hours on Friday, hitting $26.91. The company had a trading volume of 334,337 shares, compared to its average volume of 285,120. Capital Group Core Bond ETF has a 1-year low of $24.42 and a 1-year high of $26.92. The firm’s 50 day moving average is $26.29 and its 200-day moving average is $25.96.

Capital Group Core Bond ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, August 1st. Shareholders of record on Wednesday, July 31st were given a dividend of $0.1051 per share. The ex-dividend date of this dividend was Wednesday, July 31st.

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.