Capital International Investors Purchases 9,125,578 Shares of Capital Group Core Bond ETF $CGCB

Capital International Investors boosted its position in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 92.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 19,008,607 shares of the company’s stock after buying an additional 9,125,578 shares during the quarter. Capital International Investors owned approximately 14.85% of Capital Group Core Bond ETF worth $505,249,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of CGCB. Clearstead Trust LLC acquired a new position in Capital Group Core Bond ETF during the 3rd quarter worth approximately $37,000. Huntington National Bank acquired a new position in Capital Group Core Bond ETF during the third quarter worth $54,000. EverSource Wealth Advisors LLC bought a new position in shares of Capital Group Core Bond ETF in the 3rd quarter valued at about $67,000. Marshall & Sterling Wealth Advisors Inc. raised its holdings in shares of Capital Group Core Bond ETF by 77.5% in the 3rd quarter. Marshall & Sterling Wealth Advisors Inc. now owns 4,378 shares of the company’s stock valued at $116,000 after purchasing an additional 1,912 shares during the period. Finally, Private Trust Co. NA lifted its stake in Capital Group Core Bond ETF by 33.7% in the 3rd quarter. Private Trust Co. NA now owns 5,298 shares of the company’s stock valued at $141,000 after purchasing an additional 1,334 shares during the last quarter.

Capital Group Core Bond ETF Trading Down 0.4%

Capital Group Core Bond ETF stock opened at $26.59 on Wednesday. The stock has a 50-day simple moving average of $26.64 and a 200 day simple moving average of $26.63. Capital Group Core Bond ETF has a 52 week low of $25.57 and a 52 week high of $26.91.

Capital Group Core Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were given a $0.086 dividend. The ex-dividend date of this dividend was Friday, February 27th. This is a positive change from Capital Group Core Bond ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

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.