MSH Capital Advisors LLC Makes New Investment in Capital Group Core Bond ETF (NYSEARCA:CGCB)

MSH Capital Advisors LLC purchased a new stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 12,490 shares of the company’s stock, valued at approximately $322,000. MSH Capital Advisors LLC owned about 0.14% of Capital Group Core Bond ETF at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of CGCB. NewEdge Advisors LLC boosted its holdings in Capital Group Core Bond ETF by 2,461.6% in the 4th quarter. NewEdge Advisors LLC now owns 90,886 shares of the company’s stock valued at $2,344,000 after purchasing an additional 87,338 shares during the last quarter. Rather & Kittrell Inc. grew its position in Capital Group Core Bond ETF by 11.2% in the fourth quarter. Rather & Kittrell Inc. now owns 11,314 shares of the company’s stock worth $292,000 after acquiring an additional 1,143 shares during the period. Townsquare Capital LLC purchased a new position in Capital Group Core Bond ETF in the fourth quarter worth approximately $1,548,000. Rockefeller Capital Management L.P. increased its stake in Capital Group Core Bond ETF by 27.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 157,608 shares of the company’s stock worth $4,065,000 after acquiring an additional 33,564 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Capital Group Core Bond ETF in the fourth quarter valued at $19,207,000.

Capital Group Core Bond ETF Stock Up 0.4 %

NYSEARCA:CGCB opened at $26.11 on Thursday. Capital Group Core Bond ETF has a fifty-two week low of $25.21 and a fifty-two week high of $27.24. The company has a 50 day moving average price of $26.16 and a 200 day moving average price of $26.13.

Capital Group Core Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 28th were given a dividend of $0.0884 per share. This is a positive change from Capital Group Core Bond ETF’s previous dividend of $0.07. The ex-dividend date was Friday, March 28th.

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.