Capital Group Core Bond ETF (NYSEARCA:CGCB) Short Interest Down 92.8% in January

Capital Group Core Bond ETF (NYSEARCA:CGCB) saw a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 32,103 shares, a decrease of 92.8% from the January 15th total of 444,895 shares. Based on an average trading volume of 1,325,478 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 1,325,478 shares, the short-interest ratio is presently 0.0 days.

Capital Group Core Bond ETF Stock Down 0.1%

CGCB stock traded down $0.03 on Wednesday, hitting $26.67. 343,185 shares of the company’s stock were exchanged, compared to its average volume of 1,229,344. The firm has a 50 day moving average price of $26.56 and a two-hundred day moving average price of $26.57. Capital Group Core Bond ETF has a 12-month low of $25.57 and a 12-month high of $26.91.

Capital Group Core Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, February 2nd. Shareholders of record on Friday, January 30th were given a $0.069 dividend. The ex-dividend date was Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%.

Hedge Funds Weigh In On Capital Group Core Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of CGCB. Hunter Associates Investment Management LLC boosted its position in Capital Group Core Bond ETF by 4.6% during the third quarter. Hunter Associates Investment Management LLC now owns 9,130 shares of the company’s stock worth $244,000 after purchasing an additional 400 shares in the last quarter. Bill Few Associates Inc. raised its stake in shares of Capital Group Core Bond ETF by 0.9% during the 2nd quarter. Bill Few Associates Inc. now owns 47,071 shares of the company’s stock worth $1,238,000 after buying an additional 425 shares during the period. Lantern Wealth Advisors LLC lifted its position in shares of Capital Group Core Bond ETF by 4.9% during the 3rd quarter. Lantern Wealth Advisors LLC now owns 9,104 shares of the company’s stock valued at $242,000 after buying an additional 425 shares in the last quarter. Aurdan Capital Management LLC grew its stake in Capital Group Core Bond ETF by 1.6% in the 3rd quarter. Aurdan Capital Management LLC now owns 31,268 shares of the company’s stock valued at $831,000 after acquiring an additional 482 shares during the period. Finally, CWS Financial Advisors LLC increased its holdings in Capital Group Core Bond ETF by 1.8% in the 3rd quarter. CWS Financial Advisors LLC now owns 30,759 shares of the company’s stock worth $818,000 after acquiring an additional 555 shares in the last quarter.

Capital Group Core Bond ETF Company 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.