Capital Group Core Bond ETF $CGCB Shares Sold by RFG Advisory LLC

RFG Advisory LLC decreased its holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 72.1% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 80,292 shares of the company’s stock after selling 207,124 shares during the quarter. RFG Advisory LLC’s holdings in Capital Group Core Bond ETF were worth $2,102,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Dynamic Advisor Solutions LLC lifted its position in shares of Capital Group Core Bond ETF by 0.3% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 138,294 shares of the company’s stock valued at $3,621,000 after acquiring an additional 416 shares during the last quarter. Summit Global Investments grew its holdings in shares of Capital Group Core Bond ETF by 4.2% in the 1st quarter. Summit Global Investments now owns 14,133 shares of the company’s stock worth $371,000 after acquiring an additional 565 shares during the last quarter. Wealthcare Advisory Partners LLC grew its holdings in shares of Capital Group Core Bond ETF by 6.6% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 10,661 shares of the company’s stock worth $279,000 after acquiring an additional 663 shares during the last quarter. IFP Advisors Inc raised its position in shares of Capital Group Core Bond ETF by 473.1% during the third quarter. IFP Advisors Inc now owns 1,066 shares of the company’s stock worth $28,000 after purchasing an additional 880 shares during the period. Finally, William Mack & Associates Inc. lifted its holdings in shares of Capital Group Core Bond ETF by 7.6% during the second quarter. William Mack & Associates Inc. now owns 13,782 shares of the company’s stock valued at $361,000 after purchasing an additional 979 shares during the last quarter.

Capital Group Core Bond ETF Price Performance

Shares of CGCB opened at $25.47 on Friday. The business’s 50-day moving average price is $25.89 and its 200 day moving average price is $26.17. Capital Group Core Bond ETF has a 1-year low of $25.47 and a 1-year high of $26.91.

Capital Group Core Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 31st were given a $0.1071 dividend. This represents a c) annualized dividend and a dividend yield of 5.0%. This is an increase from Capital Group Core Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Friday, July 31st.

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.