D.A. Davidson & CO. Buys 56,133 Shares of Capital Group Core Bond ETF $CGCB

D.A. Davidson & CO. grew its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 7.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 839,077 shares of the company’s stock after purchasing an additional 56,133 shares during the period. D.A. Davidson & CO. owned about 0.57% of Capital Group Core Bond ETF worth $22,252,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. 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. Envestnet Asset Management Inc. increased its holdings in Capital Group Core Bond ETF by 22.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,374,447 shares of the company’s stock worth $116,273,000 after purchasing an additional 797,548 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Capital Group Core Bond ETF by 8.2% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,791,373 shares of the company’s stock worth $100,775,000 after purchasing an additional 286,834 shares in the last quarter. Raymond James Financial Inc. increased its holdings in Capital Group Core Bond ETF by 2.7% during the 3rd quarter. Raymond James Financial Inc. now owns 2,212,612 shares of the company’s stock worth $58,811,000 after purchasing an additional 58,984 shares in the last quarter. Finally, Johnson Bixby & Associates LLC increased its holdings 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 purchasing an additional 2,030,891 shares in the last quarter.

Capital Group Core Bond ETF Price Performance

Shares of CGCB opened at $26.44 on Monday. Capital Group Core Bond ETF has a 52 week low of $25.71 and a 52 week high of $26.91. The stock has a 50 day moving average price of $26.50 and a two-hundred day moving average price of $26.58.

Capital Group Core Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were paid 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 a boost from Capital Group Core Bond ETF’s previous monthly dividend of $0.07.

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.