D.A. Davidson & CO. Boosts Stock Position in Capital Group Core Bond ETF $CGCB

D.A. Davidson & CO. boosted its position in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 34.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 782,944 shares of the company’s stock after purchasing an additional 202,047 shares during the quarter. D.A. Davidson & CO. owned approximately 0.65% of Capital Group Core Bond ETF worth $20,811,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Private Trust Co. NA lifted its position in Capital Group Core Bond ETF by 133.2% during the second quarter. Private Trust Co. NA now owns 3,964 shares of the company’s stock valued at $104,000 after acquiring an additional 2,264 shares during the last quarter. CWM LLC grew its holdings in Capital Group Core Bond ETF by 30.4% in the second quarter. CWM LLC now owns 4,417 shares of the company’s stock worth $116,000 after purchasing an additional 1,031 shares during the last quarter. Bank of Montreal Can increased its position in shares of Capital Group Core Bond ETF by 23.3% during the second quarter. Bank of Montreal Can now owns 5,300 shares of the company’s stock worth $139,000 after purchasing an additional 1,000 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Capital Group Core Bond ETF by 1,686.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 5,501 shares of the company’s stock valued at $146,000 after purchasing an additional 5,193 shares during the last quarter. Finally, Morgan Dempsey Capital Management LLC lifted its holdings in shares of Capital Group Core Bond ETF by 15.8% during the 2nd quarter. Morgan Dempsey Capital Management LLC now owns 5,622 shares of the company’s stock valued at $148,000 after purchasing an additional 767 shares during the last quarter.

Capital Group Core Bond ETF Price Performance

Capital Group Core Bond ETF stock opened at $26.48 on Monday. Capital Group Core Bond ETF has a 1-year low of $25.44 and a 1-year high of $26.91. The business has a fifty day moving average price of $26.62 and a 200-day moving average price of $26.50.

Capital Group Core Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, December 26th. Stockholders of record on Wednesday, December 24th were paid a dividend of $0.1186 per share. The ex-dividend date was Wednesday, December 24th. This is a positive change from Capital Group Core Bond ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%.

Capital Group Core Bond ETF 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.