Kovack Advisors Inc. Boosts Holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Kovack Advisors Inc. lifted its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 11.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 8,873 shares of the company’s stock after buying an additional 876 shares during the period. Kovack Advisors Inc.’s holdings in Capital Group Core Bond ETF were worth $229,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Brookstone Capital Management bought a new stake in Capital Group Core Bond ETF during the 4th quarter valued at approximately $522,000. JPMorgan Chase & Co. purchased a new position in shares of Capital Group Core Bond ETF in the 3rd quarter valued at approximately $330,000. Rockefeller Capital Management L.P. lifted its stake in shares of Capital Group Core Bond ETF by 1,000.8% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 124,044 shares of the company’s stock valued at $3,343,000 after purchasing an additional 112,775 shares during the period. Global Retirement Partners LLC boosted its position in shares of Capital Group Core Bond ETF by 24.0% during the fourth quarter. Global Retirement Partners LLC now owns 7,332 shares of the company’s stock valued at $189,000 after purchasing an additional 1,421 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in Capital Group Core Bond ETF by 87.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 16,882 shares of the company’s stock worth $435,000 after purchasing an additional 7,869 shares during the period.

Capital Group Core Bond ETF Trading Up 0.1 %

CGCB opened at $26.36 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 fifty day simple moving average of $25.87 and a two-hundred day simple moving average of $26.30.

Capital Group Core Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 31st were given a dividend of $0.072 per share. The ex-dividend date of this dividend was Friday, January 31st.

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.