Capital Group Core Bond ETF $CGCB Shares Acquired by Assetmark Inc.

Assetmark Inc. grew its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 85.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 66,784 shares of the company’s stock after purchasing an additional 30,853 shares during the period. Assetmark Inc.’s holdings in Capital Group Core Bond ETF were worth $1,771,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hunter Associates Investment Management LLC increased its position in shares of Capital Group Core Bond ETF by 4.6% during the third quarter. Hunter Associates Investment Management LLC now owns 9,130 shares of the company’s stock worth $244,000 after acquiring an additional 400 shares during the last quarter. Lantern Wealth Advisors LLC boosted its holdings in Capital Group Core Bond ETF by 4.9% in the third quarter. Lantern Wealth Advisors LLC now owns 9,104 shares of the company’s stock valued at $242,000 after purchasing an additional 425 shares during the last quarter. Aurdan Capital Management LLC grew its stake in Capital Group Core Bond ETF by 1.6% during the 3rd quarter. Aurdan Capital Management LLC now owns 31,268 shares of the company’s stock valued at $831,000 after purchasing an additional 482 shares in the last quarter. CWS Financial Advisors LLC grew its stake in Capital Group Core Bond ETF by 1.8% during the 3rd quarter. CWS Financial Advisors LLC now owns 30,759 shares of the company’s stock valued at $818,000 after purchasing an additional 555 shares in the last quarter. Finally, Trilogy Capital Inc. increased its holdings in Capital Group Core Bond ETF by 4.7% during the 3rd quarter. Trilogy Capital Inc. now owns 12,624 shares of the company’s stock worth $336,000 after purchasing an additional 564 shares during the last quarter.

Capital Group Core Bond ETF Stock Performance

Shares of NYSEARCA:CGCB opened at $26.49 on Tuesday. The company has a fifty day simple moving average of $26.52 and a 200 day simple moving average of $26.59. Capital Group Core Bond ETF has a 12-month low of $25.71 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, March 2nd. Stockholders of record on Friday, February 27th were given a $0.086 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Friday, February 27th. This is an increase from Capital Group Core Bond ETF’s previous monthly 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.