Capital Group Core Bond ETF $CGCB Shares Purchased by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC grew its holdings in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 24.9% during the 4th quarter, HoldingsChannel reports. The firm owned 607,996 shares of the company’s stock after buying an additional 121,325 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Capital Group Core Bond ETF were worth $16,136,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Capital International Investors grew its holdings in shares of Capital Group Core Bond ETF by 92.3% during the third quarter. Capital International Investors now owns 19,008,607 shares of the company’s stock worth $505,249,000 after buying an additional 9,125,578 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in Capital Group Core Bond ETF by 22.3% during the third quarter. Envestnet Asset Management Inc. now owns 4,374,447 shares of the company’s stock worth $116,273,000 after acquiring an additional 797,548 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Capital Group Core Bond ETF by 8.2% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 3,791,373 shares of the company’s stock worth $100,775,000 after acquiring an additional 286,834 shares during the last quarter. Raymond James Financial Inc. grew its stake in Capital Group Core Bond ETF by 2.7% during the 3rd quarter. Raymond James Financial Inc. now owns 2,212,612 shares of the company’s stock valued at $58,811,000 after acquiring an additional 58,984 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in Capital Group Core Bond ETF by 65.6% during the 3rd quarter. Bank of America Corp DE now owns 1,992,684 shares of the company’s stock valued at $52,966,000 after acquiring an additional 789,327 shares in the last quarter.

Capital Group Core Bond ETF Trading Up 0.4%

CGCB stock opened at $26.32 on Thursday. The firm has a 50-day moving average of $26.60 and a two-hundred day moving average of $26.63. Capital Group Core Bond ETF has a 12 month low of $25.57 and a 12 month 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 is a boost from Capital Group Core Bond ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend was Friday, February 27th.

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.