Smith Moore & CO. Has $965,000 Stock Holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Smith Moore & CO. increased its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 44.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,415 shares of the company’s stock after purchasing an additional 11,564 shares during the quarter. Smith Moore & CO. owned approximately 0.41% of Capital Group Core Bond ETF worth $965,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Brookstone Capital Management bought a new position in shares of Capital Group Core Bond ETF in the fourth quarter valued at approximately $522,000. Truist Financial Corp acquired a new position in Capital Group Core Bond ETF in the fourth quarter worth $921,000. JPMorgan Chase & Co. bought a new stake in shares of Capital Group Core Bond ETF during the third quarter worth $330,000. Rockefeller Capital Management L.P. raised its holdings in shares of Capital Group Core Bond ETF by 1,000.8% in the third quarter. Rockefeller Capital Management L.P. now owns 124,044 shares of the company’s stock valued at $3,343,000 after buying an additional 112,775 shares during the last quarter. Finally, Global Retirement Partners LLC raised its stake in shares of Capital Group Core Bond ETF by 24.0% during the fourth quarter. Global Retirement Partners LLC now owns 7,332 shares of the company’s stock worth $189,000 after buying an additional 1,421 shares during the last quarter.

Capital Group Core Bond ETF Stock Up 0.1 %

Shares of Capital Group Core Bond ETF stock opened at $26.52 on Friday. The stock’s fifty day simple moving average is $26.14 and its 200 day simple moving average is $26.20. Capital Group Core Bond ETF has a 12 month low of $25.21 and a 12 month high of $27.24.

Capital Group Core Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 28th were issued a dividend of $0.0884 per share. The ex-dividend date of this dividend was Friday, March 28th. This is a boost 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.