Advisory Services Network LLC Takes Position in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Advisory Services Network LLC acquired a new position in Capital Group Core Bond ETF (NYSEARCA:CGCB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 11,462 shares of the company’s stock, valued at approximately $296,000.

A number of other hedge funds also recently bought and sold shares of CGCB. Allworth Financial LP purchased a new position in shares of Capital Group Core Bond ETF in the 4th quarter valued at $53,000. Morgan Dempsey Capital Management LLC purchased a new position in Capital Group Core Bond ETF in the fourth quarter valued at about $60,000. Barrett & Company Inc. raised its holdings in Capital Group Core Bond ETF by 916.7% in the fourth quarter. Barrett & Company Inc. now owns 3,050 shares of the company’s stock worth $79,000 after purchasing an additional 2,750 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its position in shares of Capital Group Core Bond ETF by 29.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 3,306 shares of the company’s stock valued at $85,000 after buying an additional 759 shares during the last quarter. Finally, HHM Wealth Advisors LLC bought a new stake in shares of Capital Group Core Bond ETF in the 4th quarter valued at about $132,000.

Capital Group Core Bond ETF Trading Down 0.2 %

NYSEARCA CGCB opened at $26.05 on Friday. Capital Group Core Bond ETF has a 52 week low of $25.21 and a 52 week high of $27.24. The company has a 50 day moving average price of $26.16 and a 200 day moving average price of $26.12.

Capital Group Core Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 28th were given a dividend of $0.0884 per share. The ex-dividend date of this dividend was Friday, March 28th. This is an increase from Capital Group Core Bond ETF’s previous dividend of $0.07.

Capital Group Core Bond ETF Company 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.