9,714 Shares in Capital Group Core Bond ETF (NYSEARCA:CGCB) Purchased by Baird Financial Group Inc.

Baird Financial Group Inc. bought a new stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 9,714 shares of the company’s stock, valued at approximately $251,000. Baird Financial Group Inc. owned 0.11% of Capital Group Core Bond ETF as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in CGCB. LPL Financial LLC boosted its position in Capital Group Core Bond ETF by 229.3% during the 4th quarter. LPL Financial LLC now owns 5,292,538 shares of the company’s stock valued at $136,495,000 after purchasing an additional 3,685,336 shares during the period. Capital International Investors lifted its stake in Capital Group Core Bond ETF by 162.9% in the fourth quarter. Capital International Investors now owns 5,046,724 shares of the company’s stock valued at $130,155,000 after buying an additional 3,127,165 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Capital Group Core Bond ETF during the fourth quarter valued at $19,207,000. Southern Style Financial Inc. acquired a new position in shares of Capital Group Core Bond ETF during the fourth quarter valued at $17,992,000. Finally, Envestnet Asset Management Inc. grew its position in shares of Capital Group Core Bond ETF by 52.3% during the fourth quarter. Envestnet Asset Management Inc. now owns 1,967,541 shares of the company’s stock worth $50,743,000 after acquiring an additional 675,279 shares during the last quarter.

Capital Group Core Bond ETF Trading Up 0.1%

Shares of NYSEARCA:CGCB opened at $25.98 on Friday. The company’s 50-day moving average price is $26.13 and its 200 day moving average price is $26.05. Capital Group Core Bond ETF has a fifty-two week low of $25.45 and a fifty-two week high of $27.24.

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 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.

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.