Capital Group Core Bond ETF $CGCB Shares Sold by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC trimmed its holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 31.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 135,199 shares of the company’s stock after selling 62,957 shares during the quarter. Dynamic Advisor Solutions LLC owned about 0.10% of Capital Group Core Bond ETF worth $3,585,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. IFP Advisors Inc boosted its position in Capital Group Core Bond ETF by 473.1% during the 3rd quarter. IFP Advisors Inc now owns 1,066 shares of the company’s stock worth $28,000 after acquiring an additional 880 shares during the period. Clearstead Trust LLC bought a new position in shares of Capital Group Core Bond ETF in the third quarter worth $37,000. Huntington National Bank acquired a new position in shares of Capital Group Core Bond ETF during the third quarter valued at $54,000. EverSource Wealth Advisors LLC acquired a new position in shares of Capital Group Core Bond ETF during the third quarter valued at $67,000. Finally, Marshall & Sterling Wealth Advisors Inc. raised its stake in shares of Capital Group Core Bond ETF by 77.5% during the third quarter. Marshall & Sterling Wealth Advisors Inc. now owns 4,378 shares of the company’s stock valued at $116,000 after purchasing an additional 1,912 shares in the last quarter.

Capital Group Core Bond ETF Stock Up 0.4%

CGCB stock opened at $26.30 on Tuesday. The company has a 50-day simple moving average of $26.61 and a 200 day simple moving average of $26.63. Capital Group Core Bond ETF has a fifty-two week low of $25.57 and a fifty-two week high of $26.91.

Capital Group Core Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were given a dividend of $0.086 per share. This is a positive change from Capital Group Core Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date was Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

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.