Comerica Bank Raises Position in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Comerica Bank lifted its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 67.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,620 shares of the company’s stock after purchasing an additional 3,479 shares during the period. Comerica Bank owned 0.09% of Capital Group Core Bond ETF worth $222,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Allworth Financial LP purchased a new position in Capital Group Core Bond ETF in the 4th quarter valued at approximately $53,000. Morgan Dempsey Capital Management LLC purchased a new position in Capital Group Core Bond ETF in the 4th quarter valued at approximately $60,000. Barrett & Company Inc. grew its stake in Capital Group Core Bond ETF by 916.7% in the 4th quarter. Barrett & Company Inc. now owns 3,050 shares of the company’s stock valued at $79,000 after buying an additional 2,750 shares in the last quarter. Creative Financial Designs Inc. ADV grew its stake in Capital Group Core Bond ETF by 29.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 3,306 shares of the company’s stock valued at $85,000 after buying an additional 759 shares in the last quarter. Finally, HHM Wealth Advisors LLC purchased a new position in Capital Group Core Bond ETF in the 4th quarter valued at approximately $132,000.

Capital Group Core Bond ETF Stock Performance

CGCB opened at $25.98 on Friday. Capital Group Core Bond ETF has a one year low of $25.45 and a one year high of $27.24. The company has a fifty day moving average price of $26.13 and a 200-day moving average price of $26.05.

Capital Group Core Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 28th were given a dividend of $0.0884 per share. The ex-dividend date was Friday, March 28th. This is a boost from Capital Group Core Bond ETF’s previous dividend of $0.07.

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.