Stratos Wealth Partners LTD. Grows Stock Position in Capital Group Core Bond ETF $CGCB

Stratos Wealth Partners LTD. lifted its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 480.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 55,369 shares of the company’s stock after acquiring an additional 45,828 shares during the quarter. Stratos Wealth Partners LTD. owned approximately 0.05% of Capital Group Core Bond ETF worth $1,456,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. CWM LLC bought a new position in shares of Capital Group Core Bond ETF during the 1st quarter valued at approximately $89,000. Vermillion & White Wealth Management Group LLC bought a new position in shares of Capital Group Core Bond ETF during the 1st quarter valued at approximately $98,000. Private Trust Co. NA grew its stake in shares of Capital Group Core Bond ETF by 133.2% during the 2nd quarter. Private Trust Co. NA now owns 3,964 shares of the company’s stock valued at $104,000 after acquiring an additional 2,264 shares during the period. Capital Analysts LLC bought a new position in shares of Capital Group Core Bond ETF during the 1st quarter valued at approximately $108,000. Finally, Creative Financial Designs Inc. ADV grew its stake in shares of Capital Group Core Bond ETF by 104.6% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 6,763 shares of the company’s stock valued at $178,000 after acquiring an additional 3,457 shares during the period.

Capital Group Core Bond ETF Trading Up 0.2%

Shares of NYSEARCA:CGCB opened at $26.86 on Tuesday. The stock has a 50 day moving average of $26.57 and a 200 day moving average of $26.26. Capital Group Core Bond ETF has a 12-month low of $25.44 and a 12-month high of $26.91.

Capital Group Core Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 29th were paid a $0.0905 dividend. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date was Monday, September 29th.

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.