Aprio Wealth Management LLC Purchases Shares of 969,678 Capital Group Core Bond ETF $CGCB

Aprio Wealth Management LLC acquired a new position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 969,678 shares of the company’s stock, valued at approximately $25,716,000. Capital Group Core Bond ETF makes up about 1.5% of Aprio Wealth Management LLC’s portfolio, making the stock its 16th largest holding. Aprio Wealth Management LLC owned approximately 0.66% of Capital Group Core Bond ETF at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Capital International Investors increased its holdings in Capital Group Core Bond ETF by 92.3% during the 3rd quarter. Capital International Investors now owns 19,008,607 shares of the company’s stock worth $505,249,000 after purchasing an additional 9,125,578 shares in the last quarter. Johnson Bixby & Associates LLC boosted its position in Capital Group Core Bond ETF by 14,622.3% during the 4th quarter. Johnson Bixby & Associates LLC now owns 2,044,780 shares of the company’s stock worth $54,228,000 after acquiring an additional 2,030,891 shares during the last quarter. Merit Financial Group LLC grew its stake in shares of Capital Group Core Bond ETF by 1,580.2% during the 3rd quarter. Merit Financial Group LLC now owns 1,935,910 shares of the company’s stock worth $51,456,000 after acquiring an additional 1,820,690 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Capital Group Core Bond ETF by 269.8% during the 2nd quarter. Bank of America Corp DE now owns 1,203,357 shares of the company’s stock worth $31,648,000 after acquiring an additional 877,912 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Capital Group Core Bond ETF by 22.3% in the third quarter. Envestnet Asset Management Inc. now owns 4,374,447 shares of the company’s stock valued at $116,273,000 after purchasing an additional 797,548 shares during the last quarter.

Capital Group Core Bond ETF Price Performance

Shares of CGCB stock opened at $26.44 on Monday. Capital Group Core Bond ETF has a 12 month low of $25.71 and a 12 month high of $26.91. The company’s fifty day simple moving average is $26.50 and its 200-day simple moving average is $26.58.

Capital Group Core Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were paid a dividend of $0.086 per share. The ex-dividend date was Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. This is a positive change 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.