Prospera Financial Services Inc Has $798,000 Stake in Capital Group Core Bond ETF $CGCB

Prospera Financial Services Inc boosted its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 40.9% during the 2nd quarter, HoldingsChannel reports. The firm owned 30,329 shares of the company’s stock after buying an additional 8,799 shares during the quarter. Prospera Financial Services Inc’s holdings in Capital Group Core Bond ETF were worth $798,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of CGCB. Bill Few Associates Inc. boosted its position in shares of Capital Group Core Bond ETF by 0.9% in the second 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. Tempus Wealth Planning LLC lifted its stake in Capital Group Core Bond ETF by 2.9% in the 2nd quarter. Tempus Wealth Planning LLC now owns 26,583 shares of the company’s stock worth $699,000 after acquiring an additional 752 shares in the last quarter. Morgan Dempsey Capital Management LLC lifted its stake in Capital Group Core Bond ETF by 15.8% in the 2nd quarter. Morgan Dempsey Capital Management LLC now owns 5,622 shares of the company’s stock worth $148,000 after acquiring an additional 767 shares in the last quarter. Financial Perspectives Inc boosted its position in Capital Group Core Bond ETF by 17.7% during the 2nd quarter. Financial Perspectives Inc now owns 6,004 shares of the company’s stock worth $158,000 after acquiring an additional 904 shares during the period. Finally, Bank of Montreal Can grew its stake in Capital Group Core Bond ETF by 23.3% during the 2nd quarter. Bank of Montreal Can now owns 5,300 shares of the company’s stock valued at $139,000 after acquiring an additional 1,000 shares in the last quarter.

Capital Group Core Bond ETF Trading Down 0.3%

Shares of CGCB opened at $26.60 on Friday. The business’s 50-day moving average is $26.69 and its 200-day moving average is $26.34. Capital Group Core Bond ETF has a fifty-two week low of $25.44 and a fifty-two week high of $26.91.

Capital Group Core Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, November 3rd. Shareholders of record on Friday, October 31st were paid a $0.107 dividend. The ex-dividend date was Friday, October 31st. This represents a c) annualized dividend and a yield of 4.8%. This is a boost from Capital Group Core Bond ETF’s previous monthly dividend of $0.09.

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.