Mutual Advisors LLC Has $1.77 Million Stock Holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Mutual Advisors LLC decreased its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 8.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 68,700 shares of the company’s stock after selling 6,488 shares during the period. Mutual Advisors LLC’s holdings in Capital Group Core Bond ETF were worth $1,768,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Advance Capital Management Inc. boosted its holdings in Capital Group Core Bond ETF by 46.1% in the third quarter. Advance Capital Management Inc. now owns 18,551,789 shares of the company’s stock worth $499,971,000 after purchasing an additional 5,850,199 shares in the last quarter. Stifel Financial Corp boosted its stake in shares of Capital Group Core Bond ETF by 344.1% during the 3rd quarter. Stifel Financial Corp now owns 1,138,282 shares of the company’s stock worth $30,677,000 after acquiring an additional 881,968 shares in the last quarter. Cetera Investment Advisers acquired a new position in shares of Capital Group Core Bond ETF during the 2nd quarter valued at about $6,981,000. Great Valley Advisor Group Inc. acquired a new position in shares of Capital Group Core Bond ETF during the 3rd quarter valued at about $5,007,000. Finally, Cannon Financial Strategists Inc. acquired a new stake in Capital Group Core Bond ETF in the 3rd quarter worth approximately $4,974,000.

Capital Group Core Bond ETF Stock Up 0.2 %

Shares of Capital Group Core Bond ETF stock opened at $25.80 on Friday. Capital Group Core Bond ETF has a 12-month low of $25.21 and a 12-month high of $27.24. The stock has a 50 day moving average price of $25.96 and a two-hundred day moving average price of $26.36.

Capital Group Core Bond ETF Cuts Dividend

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

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.