Capital Group Core Bond ETF (NYSEARCA:CGCB) Shares Acquired by Smith Thornton Advisors LLC

Smith Thornton Advisors LLC lifted its position in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 156.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 184,461 shares of the company’s stock after purchasing an additional 112,557 shares during the quarter. Capital Group Core Bond ETF accounts for 3.0% of Smith Thornton Advisors LLC’s portfolio, making the stock its 2nd largest position. Smith Thornton Advisors LLC’s holdings in Capital Group Core Bond ETF were worth $4,757,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of CGCB. Benjamin F. Edwards & Company Inc. acquired a new position in Capital Group Core Bond ETF during the second quarter worth $37,000. Private Trust Co. NA acquired a new position in Capital Group Core Bond ETF during the third quarter worth $46,000. Creative Financial Designs Inc. ADV raised its stake in Capital Group Core Bond ETF by 993.1% during the third quarter. Creative Financial Designs Inc. ADV now owns 2,547 shares of the company’s stock worth $69,000 after acquiring an additional 2,314 shares in the last quarter. Armstrong Fleming & Moore Inc acquired a new position in Capital Group Core Bond ETF during the third quarter worth $205,000. Finally, Kovack Advisors Inc. acquired a new stake in shares of Capital Group Core Bond ETF in the third quarter valued at $216,000.

Capital Group Core Bond ETF Stock Performance

Shares of NYSEARCA:CGCB opened at $25.72 on Thursday. Capital Group Core Bond ETF has a twelve month low of $25.21 and a twelve month high of $27.24. The business has a fifty day moving average of $26.00 and a 200-day moving average of $26.37.

Capital Group Core Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 29th were paid a $0.084 dividend. The ex-dividend date was Friday, November 29th.

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.