Capital Group Core Bond ETF (CGCB) to Distribute Monthly Dividend of $0.10 on November 2nd

Capital Group Core Bond ETF (NYSEARCA:CGCB) declared a monthly dividend on Thursday, October 29th. Shareholders of record on Friday, October 30th will be paid a dividend of $0.0951 per share on Monday, November 2nd. This represents a $1.14 annualized dividend and a yield of 4.5%. The ex-dividend date is Friday, October 30th. This is a 0.5% decrease from Capital Group Core Bond ETF’s previous monthly dividend of $0.0956.

Capital Group Core Bond ETF Stock Performance

NYSEARCA:CGCB opened at $25.45 on Friday. Capital Group Core Bond ETF has a 52 week low of $24.85 and a 52 week high of $26.90. The company has a fifty day simple moving average of $25.40 and a two-hundred day simple moving average of $26.06.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Advisortrust Partners LLC acquired a new position in shares of Capital Group Core Bond ETF during the first quarter worth $27,000. Latitude Advisors LLC purchased a new position in Capital Group Core Bond ETF in the third quarter valued at $27,000. Legacy Wealth Managment LLC ID acquired a new stake in Capital Group Core Bond ETF in the first quarter valued at $37,000. Ashton Thomas Securities LLC acquired a new stake in Capital Group Core Bond ETF in the third quarter valued at $140,000. Finally, Fifth Third Securities Inc. acquired a new stake in Capital Group Core Bond ETF in the third quarter valued at $201,000.

Capital Group Core Bond ETF Company 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.