UBS Group AG Boosts Stock Holdings in Capital Group Core Bond ETF $CGCB

UBS Group AG grew its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 63.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 344,151 shares of the company’s stock after purchasing an additional 133,670 shares during the quarter. UBS Group AG owned approximately 0.24% of Capital Group Core Bond ETF worth $9,127,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in CGCB. Capital International Investors increased its holdings in shares of Capital Group Core Bond ETF by 92.3% during the 3rd quarter. Capital International Investors now owns 19,008,607 shares of the company’s stock valued at $505,249,000 after purchasing an additional 9,125,578 shares in the last quarter. Johnson Bixby & Associates LLC increased its holdings in shares of Capital Group Core Bond ETF by 14,622.3% during the 4th quarter. Johnson Bixby & Associates LLC now owns 2,044,780 shares of the company’s stock valued at $54,228,000 after purchasing an additional 2,030,891 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Capital Group Core Bond ETF by 269.8% during the 2nd quarter. Bank of America Corp DE now owns 1,203,357 shares of the company’s stock valued at $31,648,000 after purchasing an additional 877,912 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Capital Group Core Bond ETF by 22.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,374,447 shares of the company’s stock valued at $116,273,000 after purchasing an additional 797,548 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in shares of Capital Group Core Bond ETF by 403.3% during the 3rd quarter. NewEdge Advisors LLC now owns 860,530 shares of the company’s stock valued at $22,873,000 after purchasing an additional 689,569 shares in the last quarter.

Capital Group Core Bond ETF Price Performance

NYSEARCA:CGCB opened at $25.98 on Monday. The company has a 50 day moving average price of $26.35 and a 200-day moving average price of $26.53. Capital Group Core Bond ETF has a 1-year low of $25.71 and a 1-year high of $26.91.

Capital Group Core Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were issued a $0.086 dividend. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Friday, February 27th. This is a boost from Capital Group Core Bond ETF’s previous monthly dividend of $0.07.

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.