Spinnaker Investment Group LLC Purchases New Holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Spinnaker Investment Group LLC acquired a new position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 92,357 shares of the company’s stock, valued at approximately $2,382,000. Capital Group Core Bond ETF accounts for approximately 0.6% of Spinnaker Investment Group LLC’s portfolio, making the stock its 17th largest position. Spinnaker Investment Group LLC owned 1.01% of Capital Group Core Bond ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Capital Group Core Bond ETF during the 2nd quarter worth $37,000. Smith Thornton Advisors LLC bought a new stake in Capital Group Core Bond ETF during the second quarter worth about $633,000. Cetera Investment Advisers acquired a new stake in Capital Group Core Bond ETF during the second quarter worth about $6,981,000. Dentgroup LLC bought a new position in Capital Group Core Bond ETF in the 3rd quarter valued at about $357,000. Finally, Delta Financial Group Inc. acquired a new position in shares of Capital Group Core Bond ETF in the 3rd quarter valued at approximately $977,000.

Capital Group Core Bond ETF Stock Down 0.2 %

Shares of Capital Group Core Bond ETF stock opened at $25.75 on Friday. The company has a 50 day moving average of $25.96 and a 200-day moving average of $26.36. Capital Group Core Bond ETF has a 1-year low of $25.21 and a 1-year high of $27.24.

Capital Group Core Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 29th were paid a dividend of $0.084 per share. The ex-dividend date of this dividend was Friday, November 29th.

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.