Capital Group Core Bond ETF $CGCB Stock Sold by Intrua Financial LLC

Intrua Financial LLC cut its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 3.6% in the 3rd quarter, Holdings Channel.com reports. The fund owned 1,252,883 shares of the company’s stock after selling 46,241 shares during the period. Capital Group Core Bond ETF comprises about 2.9% of Intrua Financial LLC’s holdings, making the stock its 8th largest position. Intrua Financial LLC’s holdings in Capital Group Core Bond ETF were worth $31,297,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of CGCB. Advisortrust Partners LLC purchased a new position in shares of Capital Group Core Bond ETF in the 1st quarter worth about $27,000. Latitude Advisors LLC bought a new position in Capital Group Core Bond ETF in the 3rd quarter worth about $27,000. Legacy Wealth Managment LLC ID purchased a new stake in Capital Group Core Bond ETF during the 1st quarter valued at about $37,000. Ashton Thomas Securities LLC bought a new stake in Capital Group Core Bond ETF during the 3rd quarter valued at about $140,000. Finally, Fifth Third Securities Inc. bought a new stake in Capital Group Core Bond ETF during the 3rd quarter valued at about $201,000.

Capital Group Core Bond ETF Stock Down 0.0%

Shares of Capital Group Core Bond ETF stock opened at $25.45 on Friday. Capital Group Core Bond ETF has a 52-week low of $24.85 and a 52-week high of $26.90. The company has a 50-day simple moving average of $25.40 and a two-hundred day simple moving average of $26.06.

Capital Group Core Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Friday, October 30th will be issued a dividend of $0.0951 per share. The ex-dividend date is Friday, October 30th. This is a negative change from Capital Group Core Bond ETF’s previous monthly dividend of $0.0956. This represents a $1.14 dividend on an annualized basis and a dividend yield of 4.5%.

About Capital Group Core Bond ETF

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.