Diversify Advisory Services LLC Makes New $1.28 Million Investment in Capital Group Core Bond ETF $CGCB

Diversify Advisory Services LLC acquired a new position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 48,276 shares of the company’s stock, valued at approximately $1,281,000.

Other hedge funds also recently added to or reduced their stakes in the company. Benjamin Edwards Inc. grew its holdings in Capital Group Core Bond ETF by 64.7% during the 3rd quarter. Benjamin Edwards Inc. now owns 125,647 shares of the company’s stock worth $3,340,000 after acquiring an additional 49,355 shares in the last quarter. Concurrent Investment Advisors LLC grew its holdings in Capital Group Core Bond ETF by 34.7% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 175,706 shares of the company’s stock worth $4,670,000 after acquiring an additional 45,262 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in Capital Group Core Bond ETF by 173.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 376,695 shares of the company’s stock worth $9,907,000 after acquiring an additional 238,923 shares in the last quarter. Regatta Capital Group LLC grew its holdings in Capital Group Core Bond ETF by 5.2% during the 3rd quarter. Regatta Capital Group LLC now owns 755,559 shares of the company’s stock worth $20,083,000 after acquiring an additional 37,092 shares in the last quarter. Finally, Global Retirement Partners LLC grew its holdings in Capital Group Core Bond ETF by 111.3% during the 3rd quarter. Global Retirement Partners LLC now owns 175,319 shares of the company’s stock worth $4,660,000 after acquiring an additional 92,356 shares in the last quarter.

Capital Group Core Bond ETF Price Performance

Shares of CGCB stock opened at $26.35 on Monday. Capital Group Core Bond ETF has a 1-year low of $25.57 and a 1-year high of $26.91. The firm has a fifty day moving average of $26.53 and a two-hundred day moving average of $26.59.

Capital Group Core Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were issued a $0.086 dividend. This is a boost from Capital Group Core Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 3.9%.

About Capital Group Core Bond ETF

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.