Commonwealth Equity Services LLC Has $19.55 Million Stock Holdings in Capital Group Core Bond ETF $CGCB

Commonwealth Equity Services LLC reduced its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 7.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 735,340 shares of the company’s stock after selling 61,360 shares during the period. Commonwealth Equity Services LLC owned approximately 0.61% of Capital Group Core Bond ETF worth $19,545,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Advance Capital Management Inc. raised its holdings in shares of Capital Group Core Bond ETF by 6.9% during the second quarter. Advance Capital Management Inc. now owns 11,517,435 shares of the company’s stock worth $302,909,000 after acquiring an additional 739,312 shares during the period. Envestnet Asset Management Inc. boosted its stake in Capital Group Core Bond ETF by 28.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,576,899 shares of the company’s stock worth $94,072,000 after purchasing an additional 782,472 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in Capital Group Core Bond ETF by 32.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,504,539 shares of the company’s stock worth $92,169,000 after purchasing an additional 850,441 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of Capital Group Core Bond ETF by 35.5% in the 2nd quarter. Raymond James Financial Inc. now owns 2,153,628 shares of the company’s stock valued at $56,640,000 after purchasing an additional 564,095 shares during the period. Finally, Merit Financial Group LLC lifted its holdings in shares of Capital Group Core Bond ETF by 1,580.2% in the third quarter. Merit Financial Group LLC now owns 1,935,910 shares of the company’s stock valued at $51,456,000 after purchasing an additional 1,820,690 shares in the last quarter.

Capital Group Core Bond ETF Stock Up 0.2%

CGCB stock opened at $26.57 on Friday. Capital Group Core Bond ETF has a fifty-two week low of $25.44 and a fifty-two week high of $26.91. The business has a 50-day moving average of $26.60 and a 200-day moving average of $26.51.

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 of this dividend was Wednesday, December 24th. This represents a c) annualized dividend and a dividend yield of 5.4%. This is an increase from Capital Group Core Bond ETF’s previous monthly dividend of $0.09.

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.