Valmark Advisers Inc. Purchases 10,662 Shares of Capital Group Core Bond ETF (NYSEARCA:CGCB)

Valmark Advisers Inc. raised its stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 1.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 814,995 shares of the company’s stock after buying an additional 10,662 shares during the period. Valmark Advisers Inc. owned about 0.09% of Capital Group Core Bond ETF worth $21,019,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Allworth Financial LP bought a new stake in shares of Capital Group Core Bond ETF in the 4th quarter valued at about $53,000. American Financial Advisors LLC grew its position in shares of Capital Group Core Bond ETF by 3.9% in the 4th quarter. American Financial Advisors LLC now owns 909,806 shares of the company’s stock valued at $23,464,000 after buying an additional 34,347 shares during the last quarter. Lodestone Wealth Management LLC grew its position in shares of Capital Group Core Bond ETF by 23.4% in the 4th quarter. Lodestone Wealth Management LLC now owns 79,615 shares of the company’s stock valued at $2,053,000 after buying an additional 15,117 shares during the last quarter. Stephens Inc. AR grew its position in shares of Capital Group Core Bond ETF by 5.9% in the 4th quarter. Stephens Inc. AR now owns 575,753 shares of the company’s stock valued at $14,849,000 after buying an additional 31,977 shares during the last quarter. Finally, Kingsview Wealth Management LLC grew its position in shares of Capital Group Core Bond ETF by 20.6% in the 4th quarter. Kingsview Wealth Management LLC now owns 219,296 shares of the company’s stock valued at $5,656,000 after buying an additional 37,503 shares during the last quarter.

Capital Group Core Bond ETF Stock Performance

Shares of Capital Group Core Bond ETF stock opened at $26.00 on Friday. Capital Group Core Bond ETF has a one year low of $25.21 and a one year high of $27.24. The stock’s 50-day moving average is $25.86 and its 200 day moving average is $26.33.

Capital Group Core Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 31st were given a dividend of $0.072 per share. The ex-dividend date was Friday, January 31st.

About Capital Group Core Bond ETF

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.