Capital Group Core Bond ETF $CGCB Shares Bought by Cannon Wealth Management Services LLC

Cannon Wealth Management Services LLC increased its stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 12.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 252,216 shares of the company’s stock after buying an additional 27,816 shares during the quarter. Capital Group Core Bond ETF makes up 4.7% of Cannon Wealth Management Services LLC’s holdings, making the stock its 5th biggest position. Cannon Wealth Management Services LLC owned about 0.17% of Capital Group Core Bond ETF worth $6,689,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the stock. Capital International Investors boosted its holdings in shares of Capital Group Core Bond ETF by 92.3% in the 3rd quarter. Capital International Investors now owns 19,008,607 shares of the company’s stock valued at $505,249,000 after buying an additional 9,125,578 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Capital Group Core Bond ETF by 22.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,374,447 shares of the company’s stock valued at $116,273,000 after buying an additional 797,548 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Capital Group Core Bond ETF by 8.2% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,791,373 shares of the company’s stock valued at $100,775,000 after buying an additional 286,834 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of Capital Group Core Bond ETF by 2.7% in the 3rd quarter. Raymond James Financial Inc. now owns 2,212,612 shares of the company’s stock valued at $58,811,000 after buying an additional 58,984 shares during the last quarter. Finally, Johnson Bixby & Associates LLC boosted its holdings in shares of Capital Group Core Bond ETF by 14,622.3% in the 4th quarter. Johnson Bixby & Associates LLC now owns 2,044,780 shares of the company’s stock valued at $54,228,000 after buying an additional 2,030,891 shares during the last quarter.

Capital Group Core Bond ETF Price Performance

NYSEARCA CGCB opened at $26.50 on Monday. Capital Group Core Bond ETF has a 12 month low of $25.71 and a 12 month high of $26.91. The stock has a 50 day moving average of $26.53 and a 200-day moving average of $26.59.

Capital Group Core Bond ETF Increases Dividend

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

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.