Capital Group Core Bond ETF (NYSEARCA:CGCB) Short Interest Update

Capital Group Core Bond ETF (NYSEARCA:CGCB) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 268,983 shares, a growth of 448.6% from the April 15th total of 49,032 shares. Based on an average trading volume of 965,761 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Capital Group Core Bond ETF

Several large investors have recently bought and sold shares of the business. Hunter Associates Investment Management LLC increased its holdings in Capital Group Core Bond ETF by 4.6% in the third quarter. Hunter Associates Investment Management LLC now owns 9,130 shares of the company’s stock valued at $244,000 after buying an additional 400 shares during the last quarter. Lantern Wealth Advisors LLC increased its holdings in Capital Group Core Bond ETF by 4.9% in the third 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 during the last quarter. Aurdan Capital Management LLC increased its holdings 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 increased its holdings 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, Summit Global Investments increased its holdings in Capital Group Core Bond ETF by 4.2% in the first quarter. Summit Global Investments now owns 14,133 shares of the company’s stock valued at $371,000 after buying an additional 565 shares during the last quarter.

Capital Group Core Bond ETF Price Performance

NYSEARCA:CGCB opened at $26.16 on Friday. The business’s fifty day moving average price is $26.36 and its 200 day moving average price is $26.54. Capital Group Core Bond ETF has a 12 month low of $25.71 and a 12 month high of $26.91.

Capital Group Core Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were issued a $0.086 dividend. This represents a c) annualized dividend and a yield of 3.9%. This is a boost from Capital Group Core Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Friday, February 27th.

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.