Saiph Capital LLC Takes Position in Capital Group Core Bond ETF $CGCB

Saiph Capital LLC acquired a new stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 80,221 shares of the company’s stock, valued at approximately $2,132,000. Capital Group Core Bond ETF accounts for about 0.6% of Saiph Capital LLC’s investment portfolio, making the stock its 24th biggest holding. Saiph Capital LLC owned 0.06% of Capital Group Core Bond ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Clearstead Trust LLC acquired a new stake in Capital Group Core Bond ETF during the 3rd quarter worth approximately $37,000. Huntington National Bank bought a new position in shares of Capital Group Core Bond ETF during the third quarter valued at approximately $54,000. EverSource Wealth Advisors LLC purchased a new stake in shares of Capital Group Core Bond ETF in the 3rd quarter worth about $67,000. Marshall & Sterling Wealth Advisors Inc. boosted its holdings in shares of Capital Group Core Bond ETF by 77.5% in the third quarter. Marshall & Sterling Wealth Advisors Inc. now owns 4,378 shares of the company’s stock valued at $116,000 after purchasing an additional 1,912 shares during the period. Finally, Bank of Montreal Can grew its position in shares of Capital Group Core Bond ETF by 23.3% during the 2nd quarter. Bank of Montreal Can now owns 5,300 shares of the company’s stock worth $139,000 after buying an additional 1,000 shares in the last quarter.

Capital Group Core Bond ETF Stock Down 0.3%

NYSEARCA:CGCB opened at $26.39 on Friday. Capital Group Core Bond ETF has a 1 year low of $25.57 and a 1 year high of $26.91. The stock has a 50-day simple moving average of $26.63 and a 200-day simple moving average of $26.63.

Capital Group Core Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were paid a $0.086 dividend. The ex-dividend date was Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 3.9%. This is an increase from Capital Group Core Bond ETF’s previous monthly dividend of $0.07.

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.