InTrack Investment Management Inc Raises Holdings in Capital Group Core Bond ETF $CGCB

InTrack Investment Management Inc lifted its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 15.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 157,103 shares of the company’s stock after purchasing an additional 20,469 shares during the period. Capital Group Core Bond ETF comprises about 2.1% of InTrack Investment Management Inc’s holdings, making the stock its 14th largest position. InTrack Investment Management Inc’s holdings in Capital Group Core Bond ETF were worth $4,113,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Capital International Investors grew its stake in Capital Group Core Bond ETF by 24.4% during the 4th quarter. Capital International Investors now owns 23,650,039 shares of the company’s stock worth $627,199,000 after buying an additional 4,641,432 shares during the last quarter. LPL Financial LLC lifted its stake in Capital Group Core Bond ETF by 30.4% in the fourth quarter. LPL Financial LLC now owns 22,259,688 shares of the company’s stock valued at $590,327,000 after buying an additional 5,195,824 shares during the last quarter. Morgan Stanley lifted its stake in Capital Group Core Bond ETF by 13.2% in the fourth quarter. Morgan Stanley now owns 7,751,877 shares of the company’s stock valued at $205,580,000 after buying an additional 902,837 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of Capital Group Core Bond ETF by 17.7% in the first quarter. Cetera Investment Advisers now owns 3,932,344 shares of the company’s stock valued at $103,263,000 after acquiring an additional 591,197 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Capital Group Core Bond ETF by 2.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,889,956 shares of the company’s stock valued at $103,162,000 after acquiring an additional 98,583 shares during the period.

Capital Group Core Bond ETF Stock Performance

Shares of CGCB opened at $25.69 on Thursday. The company’s 50 day simple moving average is $25.96 and its 200-day simple moving average is $26.22. Capital Group Core Bond ETF has a 12-month low of $25.66 and a 12-month high of $26.91.

Capital Group Core Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Tuesday, September 1st. Investors of record on Monday, August 31st were paid a dividend of $0.0844 per share. The ex-dividend date was Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 3.9%.

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.