Pines Wealth Management LLC Makes New $808,000 Investment in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Pines Wealth Management LLC acquired a new stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCBFree Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 31,654 shares of the company’s stock, valued at approximately $808,000.

Other institutional investors also recently modified their holdings of the company. Advance Capital Management Inc. grew its position in Capital Group Core Bond ETF by 46.1% in the 3rd quarter. Advance Capital Management Inc. now owns 18,551,789 shares of the company’s stock valued at $499,971,000 after purchasing an additional 5,850,199 shares during the period. Stifel Financial Corp increased its position in shares of Capital Group Core Bond ETF by 344.1% during the third quarter. Stifel Financial Corp now owns 1,138,282 shares of the company’s stock worth $30,677,000 after acquiring an additional 881,968 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Capital Group Core Bond ETF by 426.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 897,994 shares of the company’s stock worth $23,186,000 after acquiring an additional 727,447 shares during the last quarter. American Financial Advisors LLC raised its holdings in shares of Capital Group Core Bond ETF by 5.6% in the 3rd quarter. American Financial Advisors LLC now owns 875,459 shares of the company’s stock worth $23,594,000 after acquiring an additional 46,380 shares during the last quarter. Finally, Valmark Advisers Inc. lifted its position in Capital Group Core Bond ETF by 4.8% in the 3rd quarter. Valmark Advisers Inc. now owns 804,333 shares of the company’s stock valued at $21,677,000 after acquiring an additional 36,641 shares in the last quarter.

Capital Group Core Bond ETF Price Performance

Shares of CGCB opened at $25.50 on Wednesday. Capital Group Core Bond ETF has a 52 week low of $25.21 and a 52 week high of $27.24. The stock has a 50 day moving average price of $26.00 and a two-hundred day moving average price of $26.37.

Capital Group Core Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 29th were issued a dividend of $0.084 per share. The ex-dividend date was Friday, November 29th.

Capital Group Core Bond ETF Profile

(Free Report)

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.

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Want to see what other hedge funds are holding CGCB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Core Bond ETF (NYSEARCA:CGCBFree Report).

Institutional Ownership by Quarter for Capital Group Core Bond ETF (NYSEARCA:CGCB)

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