Bill Few Associates Inc. Increases Stake in Capital Group Core Bond ETF $CGCB

Bill Few Associates Inc. grew its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 43.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 75,647 shares of the company’s stock after purchasing an additional 22,878 shares during the quarter. Bill Few Associates Inc.’s holdings in Capital Group Core Bond ETF were worth $1,890,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CGCB. Advisortrust Partners LLC bought a new stake in shares of Capital Group Core Bond ETF in the 1st quarter valued at $27,000. Legacy Wealth Managment LLC ID acquired a new position in Capital Group Core Bond ETF in the first quarter valued at $37,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in Capital Group Core Bond ETF in the fourth quarter valued at $43,000. Silver Oak Securities Incorporated bought a new stake in Capital Group Core Bond ETF during the first quarter valued at $225,000. Finally, NWF Advisory Services Inc. bought a new stake in Capital Group Core Bond ETF during the first quarter valued at $233,000.

Capital Group Core Bond ETF Stock Performance

Capital Group Core Bond ETF stock traded down $0.01 during trading hours on Friday, reaching $25.06. 1,646,255 shares of the company’s stock were exchanged, compared to its average volume of 1,327,485. The firm’s 50 day simple moving average is $25.58 and its 200 day simple moving average is $25.97. Capital Group Core Bond ETF has a twelve month low of $24.85 and a twelve month high of $26.91.

Capital Group Core Bond ETF Increases Dividend

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