Armstrong Fleming & Moore Inc Purchases New Holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Armstrong Fleming & Moore Inc acquired a new position in Capital Group Core Bond ETF (NYSEARCA:CGCB) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 7,595 shares of the company’s stock, valued at approximately $205,000.

Several other large investors have also recently bought and sold shares of the company. Good Life Advisors LLC bought a new stake in shares of Capital Group Core Bond ETF during the third quarter worth $341,000. Concourse Financial Group Securities Inc. lifted its position in Capital Group Core Bond ETF by 117.5% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 54,610 shares of the company’s stock valued at $1,472,000 after purchasing an additional 29,499 shares during the period. Priebe Wealth Holdings LLC bought a new position in shares of Capital Group Core Bond ETF in the 3rd quarter valued at about $323,000. LongView Wealth Management acquired a new stake in shares of Capital Group Core Bond ETF during the 3rd quarter worth approximately $400,000. Finally, Advance Capital Management Inc. raised its stake in shares of Capital Group Core Bond ETF by 46.1% during the third quarter. Advance Capital Management Inc. now owns 18,551,789 shares of the company’s stock worth $499,971,000 after buying an additional 5,850,199 shares during the last quarter.

Capital Group Core Bond ETF Stock Performance

Shares of CGCB stock traded down $0.16 during trading hours on Thursday, reaching $26.52. The company had a trading volume of 83,427 shares, compared to its average volume of 335,975. Capital Group Core Bond ETF has a 1-year low of $24.42 and a 1-year high of $27.24. The company has a 50 day moving average of $26.86 and a 200 day moving average of $26.21.

Capital Group Core Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 27th were issued a dividend of $0.0849 per share. The ex-dividend date of this dividend was Friday, September 27th.

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.