Capital Group Core Bond ETF (NYSEARCA:CGCB) Stock Position Lifted by CWS Financial Advisors LLC

CWS Financial Advisors LLC raised its holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 18.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,746 shares of the company’s stock after acquiring an additional 1,667 shares during the quarter. CWS Financial Advisors LLC owned about 0.12% of Capital Group Core Bond ETF worth $290,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in CGCB. Advance Capital Management Inc. acquired a new stake in Capital Group Core Bond ETF in the second quarter valued at approximately $327,955,000. American Financial Advisors LLC lifted its stake in Capital Group Core Bond ETF by 1,115.2% in the second quarter. American Financial Advisors LLC now owns 829,079 shares of the company’s stock valued at $21,407,000 after acquiring an additional 760,852 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Capital Group Core Bond ETF by 426.5% in the second quarter. Envestnet Asset Management Inc. now owns 897,994 shares of the company’s stock valued at $23,186,000 after acquiring an additional 727,447 shares during the last quarter. Cetera Investment Advisers acquired a new stake in shares of Capital Group Core Bond ETF in the second quarter worth $6,981,000. Finally, Great Valley Advisor Group Inc. acquired a new stake in shares of Capital Group Core Bond ETF in the third quarter worth $5,007,000.

Capital Group Core Bond ETF Stock Performance

Shares of Capital Group Core Bond ETF stock opened at $26.32 on Friday. The firm has a fifty day simple moving average of $26.42 and a 200-day simple moving average of $26.34. Capital Group Core Bond ETF has a 1-year low of $25.21 and a 1-year high of $27.24.

Capital Group Core Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 27th were paid a $0.0849 dividend. The ex-dividend date of this dividend was Friday, September 27th.

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.