D.A. Davidson & CO. Has $15.28 Million Position in Capital Group Core Bond ETF $CGCB

D.A. Davidson & CO. reduced its holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 31.2% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 580,897 shares of the company’s stock after selling 262,822 shares during the quarter. D.A. Davidson & CO.’s holdings in Capital Group Core Bond ETF were worth $15,278,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Bill Few Associates Inc. lifted its holdings in Capital Group Core Bond ETF by 0.9% in the second quarter. Bill Few Associates Inc. now owns 47,071 shares of the company’s stock valued at $1,238,000 after buying an additional 425 shares during the period. Janney Montgomery Scott LLC lifted its holdings in Capital Group Core Bond ETF by 3.2% in the first quarter. Janney Montgomery Scott LLC now owns 17,423 shares of the company’s stock valued at $458,000 after buying an additional 541 shares during the period. Tempus Wealth Planning LLC lifted its holdings in Capital Group Core Bond ETF by 2.9% in the second quarter. Tempus Wealth Planning LLC now owns 26,583 shares of the company’s stock valued at $699,000 after buying an additional 752 shares during the period. Morgan Dempsey Capital Management LLC lifted its holdings in Capital Group Core Bond ETF by 15.8% in the second quarter. Morgan Dempsey Capital Management LLC now owns 5,622 shares of the company’s stock valued at $148,000 after buying an additional 767 shares during the period. Finally, Financial Perspectives Inc lifted its holdings in Capital Group Core Bond ETF by 17.7% in the second quarter. Financial Perspectives Inc now owns 6,004 shares of the company’s stock valued at $158,000 after buying an additional 904 shares during the period.

Capital Group Core Bond ETF Stock Performance

Shares of NYSEARCA CGCB opened at $26.89 on Thursday. The company’s 50 day simple moving average is $26.59 and its 200 day simple moving average is $26.27. Capital Group Core Bond ETF has a fifty-two week low of $25.44 and a fifty-two week high of $26.91.

Capital Group Core Bond ETF Cuts Dividend

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

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.