Evergreen Wealth Solutions LLC Makes New Investment in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Evergreen Wealth Solutions LLC bought a new stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 10,150 shares of the company’s stock, valued at approximately $262,000. Evergreen Wealth Solutions LLC owned about 0.11% of Capital Group Core Bond ETF at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of CGCB. Allworth Financial LP purchased a new position in Capital Group Core Bond ETF in the 4th quarter valued at $53,000. Morgan Dempsey Capital Management LLC acquired a new stake in shares of Capital Group Core Bond ETF in the 4th quarter worth $60,000. Barrett & Company Inc. boosted its holdings in shares of 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 valued at $79,000 after acquiring an additional 2,750 shares in the last quarter. Creative Financial Designs Inc. ADV increased its stake 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 worth $85,000 after acquiring an additional 759 shares during the period. Finally, HHM Wealth Advisors LLC purchased a new position in Capital Group Core Bond ETF during the fourth quarter worth about $132,000.

Capital Group Core Bond ETF Stock Performance

Shares of NYSEARCA:CGCB opened at $26.38 on Wednesday. Capital Group Core Bond ETF has a 52 week low of $25.22 and a 52 week high of $27.24. The company has a 50-day moving average price of $26.19 and a 200 day moving average price of $26.09.

Capital Group Core Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 28th were paid a $0.0884 dividend. 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.

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.