Capital Group Core Bond ETF $CGCB Shares Acquired by EQ Wealth Advisors LLC

EQ Wealth Advisors LLC boosted its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 18.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,138 shares of the company’s stock after purchasing an additional 1,734 shares during the quarter. EQ Wealth Advisors LLC’s holdings in Capital Group Core Bond ETF were worth $293,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC boosted its position in Capital Group Core Bond ETF by 3.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 17,423 shares of the company’s stock valued at $458,000 after purchasing an additional 541 shares during the period. Stratos Wealth Partners LTD. acquired a new position in Capital Group Core Bond ETF during the 1st quarter worth $251,000. Truist Financial Corp boosted its position in Capital Group Core Bond ETF by 35.9% during the 2nd quarter. Truist Financial Corp now owns 61,167 shares of the company’s stock worth $1,609,000 after acquiring an additional 16,153 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in Capital Group Core Bond ETF by 0.6% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 372,953 shares of the company’s stock worth $9,801,000 after acquiring an additional 2,218 shares during the period. Finally, Berger Financial Group Inc acquired a new position in Capital Group Core Bond ETF during the 1st quarter worth $1,638,000.

Capital Group Core Bond ETF Stock Performance

Shares of CGCB stock opened at $26.74 on Wednesday. Capital Group Core Bond ETF has a 1 year low of $25.44 and a 1 year high of $26.86. The stock has a fifty day moving average of $26.53 and a two-hundred day moving average of $26.25.

Capital Group Core Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 29th were given a dividend of $0.0905 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Monday, September 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.