Rockefeller Capital Management L.P. Purchases 33,564 Shares of Capital Group Core Bond ETF (NYSEARCA:CGCB)

Rockefeller Capital Management L.P. lifted its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 27.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 157,608 shares of the company’s stock after acquiring an additional 33,564 shares during the period. Rockefeller Capital Management L.P. owned approximately 1.73% of Capital Group Core Bond ETF worth $4,065,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. purchased a new position in shares of Capital Group Core Bond ETF in the third quarter worth $330,000. Dentgroup LLC lifted its stake in Capital Group Core Bond ETF by 808.8% during the 4th quarter. Dentgroup LLC now owns 120,496 shares of the company’s stock valued at $3,108,000 after acquiring an additional 107,237 shares during the period. Brookstone Capital Management purchased a new stake in shares of Capital Group Core Bond ETF during the 4th quarter valued at about $522,000. Pines Wealth Management LLC bought a new stake in shares of Capital Group Core Bond ETF in the fourth quarter worth approximately $808,000. Finally, Keeler & Nadler Financial Planning & Wealth Management purchased a new position in shares of Capital Group Core Bond ETF during the fourth quarter valued at approximately $1,900,000.

Capital Group Core Bond ETF Stock Performance

Shares of Capital Group Core Bond ETF stock opened at $26.05 on Friday. Capital Group Core Bond ETF has a twelve month low of $25.21 and a twelve month high of $27.24. The company’s 50 day moving average is $26.16 and its 200 day moving average is $26.12.

Capital Group Core Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 28th were issued a $0.0884 dividend. The ex-dividend date was Friday, March 28th. This is a positive change from Capital Group Core Bond ETF’s previous dividend of $0.07.

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.