Boyer Financial Services Inc. Takes $4.98 Million Position in Capital Group Core Bond ETF $CGCB

Boyer Financial Services Inc. acquired a new stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 188,231 shares of the company’s stock, valued at approximately $4,984,000. Capital Group Core Bond ETF comprises about 5.3% of Boyer Financial Services Inc.’s portfolio, making the stock its 6th largest holding.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Capital International Investors lifted its position 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 acquiring an additional 9,125,578 shares during the last quarter. Envestnet Asset Management Inc. lifted its position 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 acquiring an additional 797,548 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Capital Group Core Bond ETF by 8.2% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,791,373 shares of the company’s stock valued at $100,775,000 after acquiring an additional 286,834 shares during the last quarter. Raymond James Financial Inc. lifted its position in shares of 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 during the last quarter. Finally, Johnson Bixby & Associates LLC lifted its position 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 acquiring an additional 2,030,891 shares during the last quarter.

Capital Group Core Bond ETF Trading Down 0.2%

Shares of NYSEARCA:CGCB opened at $26.39 on Tuesday. Capital Group Core Bond ETF has a one year low of $25.71 and a one year high of $26.91. The stock has a fifty day moving average of $26.49 and a 200-day moving average of $26.58.

Capital Group Core Bond ETF Increases Dividend

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

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.