Capital Group Core Bond ETF $CGCB Stock Acquired by Harbour Investments Inc.

Harbour Investments Inc. grew its stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 12.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 480,350 shares of the company’s stock after acquiring an additional 53,104 shares during the quarter. Harbour Investments Inc. owned about 0.18% of Capital Group Core Bond ETF worth $11,999,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in CGCB. Integrated Wealth Concepts LLC boosted its position in Capital Group Core Bond ETF by 24.8% during the second quarter. Integrated Wealth Concepts LLC now owns 162,034 shares of the company’s stock valued at $4,242,000 after purchasing an additional 32,226 shares in the last quarter. Quadcap Wealth Management LLC grew its stake in Capital Group Core Bond ETF by 13.1% in the first quarter. Quadcap Wealth Management LLC now owns 900,863 shares of the company’s stock valued at $23,657,000 after purchasing an additional 104,062 shares during the last quarter. KWB Wealth purchased a new position in Capital Group Core Bond ETF in the third quarter valued at about $10,032,000. Cetera Investment Advisers grew its stake in 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 purchasing an additional 591,197 shares during the last quarter. Finally, InTrack Investment Management Inc raised its holdings in Capital Group Core Bond ETF by 15.0% in the second quarter. InTrack Investment Management Inc now owns 157,103 shares of the company’s stock worth $4,113,000 after purchasing an additional 20,469 shares in the last quarter.

Capital Group Core Bond ETF Stock Performance

Capital Group Core Bond ETF stock traded down $0.04 during trading hours on Friday, reaching $25.16. The stock had a trading volume of 2,801,756 shares, compared to its average volume of 1,359,272. The business’s 50 day moving average price is $25.32 and its 200-day moving average price is $26.01. Capital Group Core Bond ETF has a 52 week low of $24.85 and a 52 week high of $26.90.

Capital Group Core Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, November 2nd. Stockholders of record on Friday, October 30th were issued a $0.0951 dividend. The ex-dividend date was Friday, October 30th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 4.5%. This is a decrease from Capital Group Core Bond ETF’s previous monthly dividend of $0.0956.

Capital Group Core Bond ETF 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.