Capital Group Core Bond ETF $CGCB Position Lowered by Intrua Financial LLC

Intrua Financial LLC cut its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 3.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,252,883 shares of the company’s stock after selling 46,241 shares during the quarter. Capital Group Core Bond ETF comprises 2.9% of Intrua Financial LLC’s investment portfolio, making the stock its 8th biggest holding. Intrua Financial LLC owned approximately 0.48% of Capital Group Core Bond ETF worth $31,297,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Advisortrust Partners LLC bought a new position in Capital Group Core Bond ETF in the first quarter worth $27,000. Latitude Advisors LLC bought a new stake in shares of Capital Group Core Bond ETF during the 3rd quarter valued at $27,000. Legacy Wealth Managment LLC ID bought a new stake in shares of Capital Group Core Bond ETF during the 1st quarter valued at $37,000. Ashton Thomas Securities LLC purchased a new stake in shares of Capital Group Core Bond ETF in the 3rd quarter worth about $140,000. Finally, Fifth Third Securities Inc. purchased a new stake in shares of Capital Group Core Bond ETF in the 3rd quarter worth about $201,000.

Capital Group Core Bond ETF Price Performance

Shares of NYSEARCA CGCB opened at $25.45 on Friday. Capital Group Core Bond ETF has a 1 year low of $24.85 and a 1 year high of $26.90. The firm has a 50-day moving average of $25.40 and a 200 day moving average of $26.06.

Capital Group Core Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Friday, October 30th will be paid a dividend of $0.0951 per share. This is a negative change from Capital Group Core Bond ETF’s previous monthly dividend of $0.0956. This represents a $1.14 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Friday, October 30th.

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.