Regatta Capital Group LLC Reduces Holdings in Capital Group Core Bond ETF $CGCB

Regatta Capital Group LLC lowered its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 89.5% during the fourth quarter, Holdings Channel reports. The firm owned 79,124 shares of the company’s stock after selling 676,435 shares during the quarter. Regatta Capital Group LLC’s holdings in Capital Group Core Bond ETF were worth $2,098,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Hunter Associates Investment Management LLC boosted its position in shares of Capital Group Core Bond ETF by 4.6% in the 3rd quarter. Hunter Associates Investment Management LLC now owns 9,130 shares of the company’s stock valued at $244,000 after purchasing an additional 400 shares during the period. Lantern Wealth Advisors LLC increased its position in Capital Group Core Bond ETF by 4.9% during the third quarter. Lantern Wealth Advisors LLC now owns 9,104 shares of the company’s stock worth $242,000 after buying an additional 425 shares during the period. Aurdan Capital Management LLC lifted its stake in Capital Group Core Bond ETF by 1.6% in the third quarter. Aurdan Capital Management LLC now owns 31,268 shares of the company’s stock valued at $831,000 after buying an additional 482 shares during the last quarter. CWS Financial Advisors LLC lifted its stake in Capital Group Core Bond ETF by 1.8% in the third quarter. CWS Financial Advisors LLC now owns 30,759 shares of the company’s stock valued at $818,000 after buying an additional 555 shares during the last quarter. Finally, Trilogy Capital Inc. boosted its holdings in shares of Capital Group Core Bond ETF by 4.7% in the third quarter. Trilogy Capital Inc. now owns 12,624 shares of the company’s stock valued at $336,000 after acquiring an additional 564 shares during the period.

Capital Group Core Bond ETF Stock Performance

Shares of CGCB opened at $26.14 on Friday. The company’s 50 day simple moving average is $26.59 and its 200-day simple moving average is $26.62. 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 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 given a dividend of $0.086 per share. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Friday, February 27th. This is an increase from Capital Group Core Bond ETF’s previous monthly dividend of $0.07.

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.