24,508 Shares in Capital Group Core Bond ETF $CGCB Purchased by Richmond Investment Services LLC

Richmond Investment Services LLC bought a new stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 24,508 shares of the company’s stock, valued at approximately $645,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of CGCB. CWM LLC acquired a new stake in shares of Capital Group Core Bond ETF in the 1st quarter worth approximately $89,000. Vermillion & White Wealth Management Group LLC acquired a new position in Capital Group Core Bond ETF during the first quarter worth $98,000. Private Trust Co. NA boosted its position in Capital Group Core Bond ETF by 133.2% during the second quarter. Private Trust Co. NA now owns 3,964 shares of the company’s stock worth $104,000 after purchasing an additional 2,264 shares in the last quarter. Capital Analysts LLC purchased a new stake in Capital Group Core Bond ETF during the first quarter worth $108,000. Finally, Bank of Montreal Can grew its holdings in Capital Group Core Bond ETF by 23.3% in the second quarter. Bank of Montreal Can now owns 5,300 shares of the company’s stock valued at $139,000 after purchasing an additional 1,000 shares during the last quarter.

Capital Group Core Bond ETF Stock Performance

Shares of CGCB stock opened at $26.79 on Wednesday. Capital Group Core Bond ETF has a fifty-two week low of $25.44 and a fifty-two week high of $26.91. The business has a fifty day simple moving average of $26.68 and a 200-day simple moving average of $26.37.

Capital Group Core Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, November 3rd. Shareholders of record on Friday, October 31st were issued a dividend of $0.107 per share. This is an increase from Capital Group Core Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date was Friday, October 31st. This represents a c) annualized dividend and a yield of 4.8%.

Capital Group Core Bond ETF 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.