NewEdge Advisors LLC Purchases 39,354 Shares of Capital Group Core Bond ETF $CGCB

NewEdge Advisors LLC grew its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 43.3% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 130,240 shares of the company’s stock after buying an additional 39,354 shares during the quarter. NewEdge Advisors LLC owned 0.16% of Capital Group Core Bond ETF worth $3,423,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Janney Montgomery Scott LLC grew its holdings in shares of Capital Group Core Bond ETF by 3.2% in the first quarter. Janney Montgomery Scott LLC now owns 17,423 shares of the company’s stock valued at $458,000 after acquiring an additional 541 shares in the last quarter. Capital A Wealth Management LLC purchased a new position in Capital Group Core Bond ETF in the fourth quarter worth $25,000. AdvisorNet Financial Inc boosted its position in Capital Group Core Bond ETF by 5.8% in the first quarter. AdvisorNet Financial Inc now owns 23,618 shares of the company’s stock worth $621,000 after purchasing an additional 1,295 shares during the last quarter. MSH Capital Advisors LLC grew its stake in Capital Group Core Bond ETF by 15.4% in the 1st quarter. MSH Capital Advisors LLC now owns 14,417 shares of the company’s stock valued at $379,000 after purchasing an additional 1,927 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its stake in Capital Group Core Bond ETF by 0.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 372,953 shares of the company’s stock valued at $9,801,000 after purchasing an additional 2,218 shares during the period.

Capital Group Core Bond ETF Trading Down 0.1%

NYSEARCA CGCB opened at $26.67 on Wednesday. Capital Group Core Bond ETF has a one year low of $25.44 and a one year high of $27.24. The business’s fifty day moving average is $26.29 and its 200-day moving average is $26.18.

Capital Group Core Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Friday, August 29th were given a $0.0938 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a c) annualized dividend and a yield of 4.2%.

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.