Capital Group Core Bond ETF (NYSEARCA:CGCB) Short Interest Update

Capital Group Core Bond ETF (NYSEARCA:CGCB) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 268,983 shares, a growth of 448.6% from the April 15th total of 49,032 shares. Based on an average daily volume of 965,761 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Hunter Associates Investment Management LLC raised its position in Capital Group Core Bond ETF by 4.6% in the third quarter. Hunter Associates Investment Management LLC now owns 9,130 shares of the company’s stock valued at $244,000 after purchasing an additional 400 shares during the last quarter. Lantern Wealth Advisors LLC boosted its stake in shares of Capital Group Core Bond ETF by 4.9% during the third quarter. Lantern Wealth Advisors LLC now owns 9,104 shares of the company’s stock valued at $242,000 after purchasing an additional 425 shares in the last quarter. Aurdan Capital Management LLC grew its holdings in shares of Capital Group Core Bond ETF by 1.6% during the third quarter. Aurdan Capital Management LLC now owns 31,268 shares of the company’s stock worth $831,000 after purchasing an additional 482 shares during the last quarter. CWS Financial Advisors LLC grew its holdings in shares of Capital Group Core Bond ETF by 1.8% during the third quarter. CWS Financial Advisors LLC now owns 30,759 shares of the company’s stock worth $818,000 after purchasing an additional 555 shares during the last quarter. Finally, Summit Global Investments increased its stake in shares of Capital Group Core Bond ETF by 4.2% in the first quarter. Summit Global Investments now owns 14,133 shares of the company’s stock valued at $371,000 after buying an additional 565 shares during the period.

Capital Group Core Bond ETF Stock Down 0.2%

Shares of CGCB stock opened at $26.16 on Wednesday. Capital Group Core Bond ETF has a fifty-two week low of $25.71 and a fifty-two week high of $26.91. The stock’s fifty day moving average price is $26.38 and its two-hundred day moving average price is $26.55.

Capital Group Core Bond ETF Increases Dividend

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

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.