Ameritas Advisory Services LLC Purchases 29,164 Shares of Capital Group Core Bond ETF $CGCB

Ameritas Advisory Services LLC lifted its position in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 2,214.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 30,481 shares of the company’s stock after buying an additional 29,164 shares during the period. Ameritas Advisory Services LLC’s holdings in Capital Group Core Bond ETF were worth $808,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Midwest Heritage Bank FSB acquired a new position in Capital Group Core Bond ETF in the 4th quarter worth $286,000. World Investment Advisors boosted its stake in Capital Group Core Bond ETF by 148.5% in the 4th quarter. World Investment Advisors now owns 82,539 shares of the company’s stock worth $2,188,000 after purchasing an additional 49,320 shares during the period. Meridian Wealth Management LLC boosted its stake in Capital Group Core Bond ETF by 41.3% in the 4th quarter. Meridian Wealth Management LLC now owns 98,958 shares of the company’s stock worth $2,624,000 after purchasing an additional 28,928 shares during the period. Cannon Financial Strategists Inc. boosted its stake in Capital Group Core Bond ETF by 2.6% in the 4th quarter. Cannon Financial Strategists Inc. now owns 509,554 shares of the company’s stock worth $13,513,000 after purchasing an additional 12,741 shares during the period. Finally, Koshinski Asset Management Inc. boosted its stake in Capital Group Core Bond ETF by 100.3% in the 4th quarter. Koshinski Asset Management Inc. now owns 19,203 shares of the company’s stock worth $509,000 after purchasing an additional 9,614 shares during the period.

Capital Group Core Bond ETF Stock Performance

Capital Group Core Bond ETF stock opened at $25.98 on Friday. The firm has a 50-day moving average of $26.35 and a 200-day moving average of $26.53. Capital Group Core Bond ETF has a one year low of $25.71 and a one year high of $26.91.

Capital Group Core Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were paid a dividend of $0.086 per share. The ex-dividend date was Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. This is a positive change from Capital Group Core Bond ETF’s previous monthly dividend of $0.07.

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.