Capital Group Core Bond ETF $CGCB Shares Bought by World Investment Advisors

World Investment Advisors lifted its holdings in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 148.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 82,539 shares of the company’s stock after acquiring an additional 49,320 shares during the period. World Investment Advisors’ holdings in Capital Group Core Bond ETF were worth $2,188,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in CGCB. Capital International Investors raised its position in shares of Capital Group Core Bond ETF by 92.3% during the 3rd quarter. Capital International Investors now owns 19,008,607 shares of the company’s stock worth $505,249,000 after acquiring an additional 9,125,578 shares in the last quarter. Johnson Bixby & Associates LLC raised its position in shares of Capital Group Core Bond ETF by 14,622.3% during the 4th quarter. Johnson Bixby & Associates LLC now owns 2,044,780 shares of the company’s stock worth $54,228,000 after acquiring an additional 2,030,891 shares in the last quarter. Aprio Wealth Management LLC acquired a new stake in shares of Capital Group Core Bond ETF during the 4th quarter worth about $25,716,000. Bank of America Corp DE raised its position in shares of Capital Group Core Bond ETF by 269.8% during the 2nd quarter. Bank of America Corp DE now owns 1,203,357 shares of the company’s stock worth $31,648,000 after acquiring an additional 877,912 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of Capital Group Core Bond ETF by 22.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,374,447 shares of the company’s stock worth $116,273,000 after acquiring an additional 797,548 shares in the last quarter.

Capital Group Core Bond ETF Price Performance

Shares of NYSEARCA CGCB opened at $25.98 on Friday. Capital Group Core Bond ETF has a fifty-two week low of $25.71 and a fifty-two week high of $26.91. The stock’s 50-day simple moving average is $26.35 and its 200-day simple moving average is $26.53.

Capital Group Core Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were given a dividend of $0.086 per share. 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. This represents a c) annualized dividend and a dividend yield of 4.0%.

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.