Meridian Wealth Management LLC Purchases 1,888 Shares of Capital Group Core Bond ETF (NYSEARCA:CGCB)

Meridian Wealth Management LLC boosted its position in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 3.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 58,785 shares of the company’s stock after purchasing an additional 1,888 shares during the quarter. Meridian Wealth Management LLC owned about 0.65% of Capital Group Core Bond ETF worth $1,516,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. GPS Wealth Strategies Group LLC boosted its stake in Capital Group Core Bond ETF by 2.5% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 29,689 shares of the company’s stock valued at $766,000 after purchasing an additional 732 shares during the period. Kovack Advisors Inc. boosted its stake in Capital Group Core Bond ETF by 11.0% in the 4th quarter. Kovack Advisors Inc. now owns 8,873 shares of the company’s stock valued at $229,000 after purchasing an additional 876 shares during the period. Sigma Planning Corp boosted its stake in Capital Group Core Bond ETF by 3.9% in the 3rd quarter. Sigma Planning Corp now owns 27,113 shares of the company’s stock valued at $731,000 after purchasing an additional 1,018 shares during the period. Global Retirement Partners LLC boosted its stake in Capital Group Core Bond ETF by 24.0% in the 4th quarter. Global Retirement Partners LLC now owns 7,332 shares of the company’s stock valued at $189,000 after purchasing an additional 1,421 shares during the period. Finally, CWS Financial Advisors LLC boosted its stake in Capital Group Core Bond ETF by 18.4% in the 3rd quarter. CWS Financial Advisors LLC now owns 10,746 shares of the company’s stock valued at $290,000 after purchasing an additional 1,667 shares during the period.

Capital Group Core Bond ETF Stock Performance

CGCB opened at $26.41 on Tuesday. The business has a fifty day simple moving average of $25.88 and a 200 day simple moving average of $26.30. Capital Group Core Bond ETF has a 1 year low of $25.21 and a 1 year high of $27.24.

Capital Group Core Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were issued a $0.072 dividend. The ex-dividend date was Friday, January 31st.

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.