D.A. Davidson & CO. Grows Holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Posted by Grant Hamersma on Feb 18th, 2025

D.A. Davidson & CO. boosted its holdings in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB – Free Report) by 276.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 671,984 shares of the company’s stock after purchasing an additional 493,537 shares during the period. D.A. Davidson & CO. owned approximately 7.38% of Capital Group Core Bond ETF worth $17,330,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Private Trust Co. NA acquired a new stake in shares of Capital Group Core Bond ETF in the 3rd quarter worth $46,000. Allworth Financial LP purchased a new stake in Capital Group Core Bond ETF in the 4th quarter valued at approximately $53,000. Creative Financial Designs Inc. ADV increased its position in Capital Group Core Bond ETF by 993.1% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,547 shares of the company’s stock worth $69,000 after purchasing an additional 2,314 shares during the period. Barrett & Company Inc. raised its stake in shares of Capital Group Core Bond ETF by 916.7% during the 4th quarter. Barrett & Company Inc. now owns 3,050 shares of the company’s stock worth $79,000 after buying an additional 2,750 shares in the last quarter. Finally, HHM Wealth Advisors LLC acquired a new stake in shares of Capital Group Core Bond ETF in the 4th quarter valued at approximately $132,000.

Capital Group Core Bond ETF Stock Up 0.3 %

Shares of CGCB stock opened at $26.00 on Tuesday. The business’s fifty day moving average price is $25.86 and its 200 day moving average price is $26.33. Capital Group Core Bond ETF has a 1-year low of $25.21 and a 1-year high of $27.24.

Capital Group Core Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, February 3rd. Stockholders of record on Friday, January 31st were issued a $0.072 dividend. The ex-dividend date was Friday, January 31st.

About Capital Group Core Bond ETF

(Free Report)

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.