Citadel Advisors LLC Decreases Stock Holdings in Capital Group Core Bond ETF $CGCB

Citadel Advisors LLC reduced its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 19.7% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 227,177 shares of the company’s stock after selling 55,709 shares during the quarter. Citadel Advisors LLC’s holdings in Capital Group Core Bond ETF were worth $5,947,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC grew its holdings in Capital Group Core Bond ETF by 30.4% in the 4th quarter. LPL Financial LLC now owns 22,259,688 shares of the company’s stock worth $590,327,000 after acquiring an additional 5,195,824 shares during the last quarter. Capital International Investors increased its position in shares of Capital Group Core Bond ETF by 24.4% in the fourth quarter. Capital International Investors now owns 23,650,039 shares of the company’s stock valued at $627,199,000 after acquiring an additional 4,641,432 shares during the period. Wells Fargo & Company MN raised its stake in shares of Capital Group Core Bond ETF by 92.5% during the fourth quarter. Wells Fargo & Company MN now owns 2,905,361 shares of the company’s stock valued at $77,050,000 after acquiring an additional 1,395,908 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Capital Group Core Bond ETF by 36.1% during the first quarter. Bank of America Corp DE now owns 3,646,178 shares of the company’s stock valued at $95,749,000 after acquiring an additional 968,033 shares during the last quarter. Finally, Valmark Advisers Inc. boosted its holdings in shares of Capital Group Core Bond ETF by 82.5% during the first quarter. Valmark Advisers Inc. now owns 2,058,831 shares of the company’s stock worth $54,065,000 after purchasing an additional 930,871 shares during the period.

Capital Group Core Bond ETF Price Performance

NYSEARCA CGCB opened at $25.73 on Tuesday. Capital Group Core Bond ETF has a 1 year low of $25.66 and a 1 year high of $26.91. The business’s 50-day moving average is $25.93 and its 200 day moving average is $26.19.

Capital Group Core Bond ETF Increases Dividend

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

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.