Integrated Wealth Concepts LLC Increases Stake in Capital Group Core Bond ETF $CGCB

Integrated Wealth Concepts LLC raised its position in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 24.8% in the 2nd quarter, Holdings Channel reports. The fund owned 162,034 shares of the company’s stock after acquiring an additional 32,226 shares during the period. Integrated Wealth Concepts LLC’s holdings in Capital Group Core Bond ETF were worth $4,242,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Advisortrust Partners LLC acquired a new position in shares of Capital Group Core Bond ETF during the first quarter worth about $27,000. IFP Advisors Inc lifted its position in Capital Group Core Bond ETF by 473.1% in the third quarter. IFP Advisors Inc now owns 1,066 shares of the company’s stock valued at $28,000 after purchasing an additional 880 shares during the period. Legacy Wealth Managment LLC ID acquired a new stake in Capital Group Core Bond ETF in the first quarter valued at about $37,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in Capital Group Core Bond ETF in the 4th quarter valued at approximately $43,000. Finally, Godfrey Financial Associates Inc. purchased a new stake in Capital Group Core Bond ETF in the 4th quarter valued at approximately $73,000.

Capital Group Core Bond ETF Trading Down 0.0%

NYSEARCA CGCB opened at $25.46 on Friday. The business’s 50 day moving average is $25.88 and its two-hundred day moving average is $26.16. Capital Group Core Bond ETF has a 12-month low of $25.45 and a 12-month high of $26.91.

Capital Group Core Bond ETF Increases Dividend

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

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.