Capital Group Core Bond ETF (NYSEARCA:CGCB) Shares Bought by Saxony Capital Management LLC

Saxony Capital Management LLC lifted its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 795.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 73,796 shares of the company’s stock after buying an additional 65,559 shares during the quarter. Capital Group Core Bond ETF makes up about 1.8% of Saxony Capital Management LLC’s holdings, making the stock its 16th largest position. Saxony Capital Management LLC owned about 0.81% of Capital Group Core Bond ETF worth $1,989,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in CGCB. Advance Capital Management Inc. raised its position in Capital Group Core Bond ETF by 46.1% during the third quarter. Advance Capital Management Inc. now owns 18,551,789 shares of the company’s stock worth $499,971,000 after acquiring an additional 5,850,199 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of Capital Group Core Bond ETF by 426.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 897,994 shares of the company’s stock worth $23,186,000 after purchasing an additional 727,447 shares during the last quarter. American Financial Advisors LLC lifted its stake in Capital Group Core Bond ETF by 1,115.2% in the 2nd quarter. American Financial Advisors LLC now owns 829,079 shares of the company’s stock valued at $21,407,000 after buying an additional 760,852 shares in the last quarter. Valmark Advisers Inc. grew its holdings in Capital Group Core Bond ETF by 0.9% during the 2nd quarter. Valmark Advisers Inc. now owns 767,692 shares of the company’s stock valued at $19,822,000 after buying an additional 6,671 shares during the last quarter. Finally, Osaic Holdings Inc. grew its holdings in Capital Group Core Bond ETF by 161.1% during the 1st quarter. Osaic Holdings Inc. now owns 288,864 shares of the company’s stock valued at $7,508,000 after buying an additional 178,221 shares during the last quarter.

Capital Group Core Bond ETF Price Performance

NYSEARCA CGCB opened at $26.35 on Wednesday. Capital Group Core Bond ETF has a fifty-two week low of $24.49 and a fifty-two week high of $27.24. The business has a fifty day moving average of $26.85 and a 200-day moving average of $26.23.

Capital Group Core Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 27th were paid a $0.0849 dividend. The ex-dividend date of this dividend was Friday, September 27th.

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.