Concurrent Investment Advisors LLC Has $3.04 Million Position in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Concurrent Investment Advisors LLC lowered its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 2.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 117,912 shares of the company’s stock after selling 2,367 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Capital Group Core Bond ETF were worth $3,041,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Private Trust Co. NA acquired a new stake in Capital Group Core Bond ETF during the third quarter worth approximately $46,000. Allworth Financial LP acquired a new stake in shares of Capital Group Core Bond ETF in the 4th quarter valued at $53,000. Creative Financial Designs Inc. ADV boosted its holdings in shares of Capital Group Core Bond ETF by 993.1% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,547 shares of the company’s stock valued at $69,000 after purchasing an additional 2,314 shares in the last quarter. Barrett & Company Inc. boosted its holdings in shares of Capital Group Core Bond ETF by 916.7% in the 4th quarter. Barrett & Company Inc. now owns 3,050 shares of the company’s stock valued at $79,000 after purchasing an additional 2,750 shares in the last quarter. Finally, HHM Wealth Advisors LLC bought a new position in shares of Capital Group Core Bond ETF in the 4th quarter valued at $132,000.

Capital Group Core Bond ETF Trading Up 0.2 %

Shares of CGCB opened at $25.98 on Friday. Capital Group Core Bond ETF has a 52 week low of $25.21 and a 52 week high of $27.24. The stock has a fifty day moving average of $25.84 and a 200-day moving average of $26.32.

Capital Group Core Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, February 3rd. Stockholders of record on Friday, January 31st were paid a $0.072 dividend. The ex-dividend date was Friday, January 31st.

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.