Capital Group Core Bond ETF $CGCB Stock Holdings Trimmed by Leverty Financial Group LLC

Leverty Financial Group LLC lessened its holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 32.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 1,103,427 shares of the company’s stock after selling 521,379 shares during the period. Capital Group Core Bond ETF makes up 5.1% of Leverty Financial Group LLC’s holdings, making the stock its 7th biggest holding. Leverty Financial Group LLC’s holdings in Capital Group Core Bond ETF were worth $27,564,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. raised its position in shares of Capital Group Core Bond ETF by 12.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,721,547 shares of the company’s stock valued at $202,150,000 after purchasing an additional 841,106 shares during the last quarter. Cetera Investment Advisers increased its stake in Capital Group Core Bond ETF by 17.7% during the 1st quarter. Cetera Investment Advisers now owns 3,932,344 shares of the company’s stock valued at $103,263,000 after purchasing an additional 591,197 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Capital Group Core Bond ETF by 36.1% in the first quarter. Bank of America Corp DE now owns 3,646,178 shares of the company’s stock worth $95,749,000 after buying an additional 968,033 shares during the last quarter. Sei Investments Co. raised its holdings in shares of Capital Group Core Bond ETF by 33.6% in the first quarter. Sei Investments Co. now owns 2,501,744 shares of the company’s stock worth $65,696,000 after buying an additional 629,239 shares during the last quarter. Finally, Johnson Bixby & Associates LLC lifted its stake in shares of Capital Group Core Bond ETF by 6.8% during the first quarter. Johnson Bixby & Associates LLC now owns 2,184,031 shares of the company’s stock worth $57,353,000 after buying an additional 139,251 shares during the period.

Capital Group Core Bond ETF Price Performance

Shares of CGCB traded up $0.07 during trading hours on Thursday, reaching $25.05. 652,700 shares of the company traded hands, compared to its average volume of 1,322,397. Capital Group Core Bond ETF has a 12-month low of $24.85 and a 12-month high of $26.91. The business has a fifty day moving average price of $25.60 and a 200-day moving average price of $25.98.

Capital Group Core Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were given a $0.0956 dividend. This is an increase from Capital Group Core Bond ETF’s previous monthly dividend of $0.0844. This represents a $1.15 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Tuesday, September 29th.

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.