Signature Estate & Investment Advisors LLC Reduces Position in Capital Group Core Bond ETF $CGCB

Signature Estate & Investment Advisors LLC decreased its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 5.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 158,200 shares of the company’s stock after selling 9,650 shares during the period. Signature Estate & Investment Advisors LLC owned 0.16% of Capital Group Core Bond ETF worth $4,161,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. CWM LLC acquired a new position in shares of Capital Group Core Bond ETF in the 1st quarter valued at $89,000. Vermillion & White Wealth Management Group LLC acquired a new position in Capital Group Core Bond ETF in the first quarter valued at $98,000. Private Trust Co. NA increased its stake in Capital Group Core Bond ETF by 133.2% in the second quarter. Private Trust Co. NA now owns 3,964 shares of the company’s stock valued at $104,000 after purchasing an additional 2,264 shares during the period. Capital Analysts LLC purchased a new stake in shares of Capital Group Core Bond ETF in the first quarter valued at about $108,000. Finally, Creative Financial Designs Inc. ADV boosted its stake in shares of Capital Group Core Bond ETF by 104.6% during the first quarter. Creative Financial Designs Inc. ADV now owns 6,763 shares of the company’s stock worth $178,000 after buying an additional 3,457 shares during the period.

Capital Group Core Bond ETF Price Performance

NYSEARCA CGCB opened at $26.80 on Friday. Capital Group Core Bond ETF has a 52-week low of $25.44 and a 52-week high of $26.86. The business’s 50-day moving average price is $26.56 and its 200 day moving average price is $26.26.

Capital Group Core Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 29th were issued a $0.0905 dividend. The ex-dividend date of this dividend was Monday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.