Capital Group Core Bond ETF $CGCB Shares Acquired by InTrack Investment Management Inc

InTrack Investment Management Inc grew its holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 34.5% during the 4th quarter, Holdings Channel reports. The fund owned 111,737 shares of the company’s stock after purchasing an additional 28,687 shares during the period. Capital Group Core Bond ETF makes up about 1.7% of InTrack Investment Management Inc’s holdings, making the stock its 18th largest holding. InTrack Investment Management Inc’s holdings in Capital Group Core Bond ETF were worth $2,963,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC raised its holdings in shares of Capital Group Core Bond ETF by 124.2% during the first quarter. Jane Street Group LLC now owns 349,693 shares of the company’s stock worth $9,190,000 after purchasing an additional 193,693 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Capital Group Core Bond ETF by 3.0% in the second quarter. JPMorgan Chase & Co. now owns 197,988 shares of the company’s stock valued at $5,207,000 after purchasing an additional 5,767 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in Capital Group Core Bond ETF by 422.9% in the second quarter. Steward Partners Investment Advisory LLC now owns 8,915 shares of the company’s stock valued at $234,000 after purchasing an additional 7,210 shares during the last quarter. XTX Topco Ltd acquired a new stake in Capital Group Core Bond ETF during the 2nd quarter worth about $203,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in Capital Group Core Bond ETF by 32.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,504,539 shares of the company’s stock worth $92,169,000 after purchasing an additional 850,441 shares during the period.

Capital Group Core Bond ETF Trading Up 0.0%

NYSEARCA CGCB opened at $26.15 on Friday. The stock has a 50-day simple moving average of $26.58 and a two-hundred day simple moving average of $26.62. Capital Group Core Bond ETF has a fifty-two week low of $25.57 and a fifty-two week high of $26.91.

Capital Group Core Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were given a dividend of $0.086 per share. This is an increase from Capital Group Core Bond ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date was Friday, February 27th.

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.