Avantax Advisory Services Inc. Boosts Holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Avantax Advisory Services Inc. raised its stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 99.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 67,308 shares of the company’s stock after acquiring an additional 33,495 shares during the quarter. Avantax Advisory Services Inc. owned approximately 0.74% of Capital Group Core Bond ETF worth $1,736,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Brookstone Capital Management bought a new position in Capital Group Core Bond ETF during the fourth quarter valued at $522,000. Truist Financial Corp bought a new position in shares of Capital Group Core Bond ETF during the 4th quarter worth $921,000. JPMorgan Chase & Co. purchased a new stake in Capital Group Core Bond ETF in the 3rd quarter worth about $330,000. Rockefeller Capital Management L.P. raised its stake in 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 acquiring an additional 112,775 shares during the period. Finally, Global Retirement Partners LLC lifted its holdings in 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 during the last quarter.

Capital Group Core Bond ETF Trading Up 0.2 %

Shares of NYSEARCA:CGCB opened at $26.21 on Tuesday. The company has a 50-day moving average price of $25.97 and a two-hundred day moving average price of $26.25. Capital Group Core Bond ETF has a twelve month low of $25.21 and a twelve month high of $27.24.

Capital Group Core Bond ETF Cuts Dividend

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