Capital Group Core Bond ETF $CGCB Shares Acquired by Stephens Inc. AR

Stephens Inc. AR grew its position in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 18.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 692,236 shares of the company’s stock after purchasing an additional 109,674 shares during the quarter. Stephens Inc. AR owned approximately 0.46% of Capital Group Core Bond ETF worth $18,358,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Jane Street Group LLC lifted its position in Capital Group Core Bond ETF by 124.2% in the first 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 last quarter. JPMorgan Chase & Co. lifted its position in Capital Group Core Bond ETF by 3.0% in the second quarter. JPMorgan Chase & Co. now owns 197,988 shares of the company’s stock valued at $5,207,000 after acquiring an additional 5,767 shares during the last quarter. XTX Topco Ltd purchased a new stake in Capital Group Core Bond ETF in the second quarter valued at $203,000. NewEdge Advisors LLC lifted its position in Capital Group Core Bond ETF by 31.3% in the second quarter. NewEdge Advisors LLC now owns 170,961 shares of the company’s stock valued at $4,496,000 after acquiring an additional 40,721 shares during the last quarter. Finally, Sei Investments Co. lifted its position in Capital Group Core Bond ETF by 1,552.3% in the second quarter. Sei Investments Co. now owns 505,722 shares of the company’s stock valued at $13,300,000 after acquiring an additional 475,115 shares during the last quarter.

Capital Group Core Bond ETF Price Performance

Shares of CGCB opened at $25.98 on Friday. Capital Group Core Bond ETF has a 1-year low of $25.71 and a 1-year high of $26.91. The firm has a fifty day moving average price of $26.35 and a 200 day moving average price of $26.53.

Capital Group Core Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were paid a $0.086 dividend. This is a boost 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 4.0%. The ex-dividend date was Friday, February 27th.

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.