Capital Group Core Bond ETF (NYSEARCA:CGCB) Stock Holdings Raised by Capital International Investors

Capital International Investors increased its position in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 162.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,046,724 shares of the company’s stock after purchasing an additional 3,127,165 shares during the period. Capital International Investors owned 55.46% of Capital Group Core Bond ETF worth $130,155,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of CGCB. JPMorgan Chase & Co. bought a new position in shares of Capital Group Core Bond ETF in the 3rd quarter worth about $330,000. Dentgroup LLC raised its stake in Capital Group Core Bond ETF by 808.8% during the fourth quarter. Dentgroup LLC now owns 120,496 shares of the company’s stock worth $3,108,000 after acquiring an additional 107,237 shares during the period. Brookstone Capital Management bought a new position in Capital Group Core Bond ETF in the fourth quarter worth about $522,000. Pines Wealth Management LLC acquired a new position in Capital Group Core Bond ETF in the fourth quarter valued at approximately $808,000. Finally, Keeler & Nadler Financial Planning & Wealth Management bought 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 Price Performance

Shares of NYSEARCA CGCB opened at $26.05 on Friday. Capital Group Core Bond ETF has a 12-month low of $25.21 and a 12-month high of $27.24. The stock’s 50 day simple moving average is $26.16 and its 200 day simple moving average is $26.11.

Capital Group Core Bond ETF Increases Dividend

The company also recently declared 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. This is an increase from Capital Group Core Bond ETF’s previous dividend of $0.07. The ex-dividend date of this dividend was Friday, March 28th.

About Capital Group Core Bond ETF

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.