CWS Financial Advisors LLC Raises Stake in Capital Group Core Bond ETF (NYSEARCA:CGCB)

CWS Financial Advisors LLC lifted its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 59.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 17,109 shares of the company’s stock after buying an additional 6,363 shares during the quarter. CWS Financial Advisors LLC’s holdings in Capital Group Core Bond ETF were worth $441,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of CGCB. Stifel Financial Corp grew its holdings in shares of Capital Group Core Bond ETF by 344.1% during the third quarter. Stifel Financial Corp now owns 1,138,282 shares of the company’s stock worth $30,677,000 after buying an additional 881,968 shares in the last quarter. Southern Style Financial Inc. purchased a new stake in shares of Capital Group Core Bond ETF during the fourth quarter worth about $17,992,000. Regatta Capital Group LLC purchased a new stake in shares of Capital Group Core Bond ETF during the fourth quarter worth about $16,532,000. Private Advisor Group LLC grew its holdings in shares of Capital Group Core Bond ETF by 384.5% during the fourth quarter. Private Advisor Group LLC now owns 770,576 shares of the company’s stock worth $19,873,000 after buying an additional 611,522 shares in the last quarter. Finally, D.A. Davidson & CO. grew its holdings in shares of Capital Group Core Bond ETF by 276.6% during the fourth quarter. D.A. Davidson & CO. now owns 671,984 shares of the company’s stock worth $17,330,000 after buying an additional 493,537 shares in the last quarter.

Capital Group Core Bond ETF Stock Performance

Capital Group Core Bond ETF stock opened at $26.14 on Tuesday. Capital Group Core Bond ETF has a 1 year low of $25.21 and a 1 year high of $27.24. The firm has a 50 day moving average price of $25.84 and a 200 day moving average price of $26.31.

Capital Group Core Bond ETF Cuts Dividend

The business also recently announced 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 of this dividend 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.