Capital Group Core Bond ETF $CGCB Shares Acquired by InTrack Investment Management Inc

InTrack Investment Management Inc grew its stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 34.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 111,737 shares of the company’s stock after buying an additional 28,687 shares during the period. Capital Group Core Bond ETF accounts for 1.7% of InTrack Investment Management Inc’s holdings, making the stock its 18th biggest position. InTrack Investment Management Inc owned 0.08% of Capital Group Core Bond ETF worth $2,963,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Jane Street Group LLC increased its position in shares of Capital Group Core Bond ETF by 124.2% in the 1st quarter. Jane Street Group LLC now owns 349,693 shares of the company’s stock valued at $9,190,000 after acquiring an additional 193,693 shares during the period. JPMorgan Chase & Co. raised its stake in Capital Group Core Bond ETF by 3.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 197,988 shares of the company’s stock worth $5,207,000 after acquiring an additional 5,767 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its position in Capital Group Core Bond ETF by 422.9% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 8,915 shares of the company’s stock worth $234,000 after acquiring an additional 7,210 shares during the period. XTX Topco Ltd acquired a new stake in Capital Group Core Bond ETF during the 2nd quarter worth about $203,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Capital Group Core Bond ETF by 32.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,504,539 shares of the company’s stock valued at $92,169,000 after purchasing an additional 850,441 shares during the last quarter.

Capital Group Core Bond ETF Price Performance

Shares of CGCB stock opened at $26.15 on Friday. The stock’s 50-day simple moving average is $26.58 and its 200-day simple moving average is $26.62. Capital Group Core Bond ETF has a fifty-two week low of $25.57 and a fifty-two week high of $26.91.

Capital Group Core Bond ETF Increases Dividend

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

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.