Raymond James Financial Inc. Acquires Shares of 744,757 Capital Group Core Bond ETF (NYSEARCA:CGCB)

Raymond James Financial Inc. bought a new position in Capital Group Core Bond ETF (NYSEARCA:CGCB) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 744,757 shares of the company’s stock, valued at approximately $19,207,000. Raymond James Financial Inc. owned about 0.08% of Capital Group Core Bond ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of CGCB. Harbour Investments Inc. increased its position in shares of Capital Group Core Bond ETF by 80.2% during the 3rd quarter. Harbour Investments Inc. now owns 15,427 shares of the company’s stock worth $416,000 after purchasing an additional 6,866 shares during the last quarter. Prospera Financial Services Inc grew its position in Capital Group Core Bond ETF by 27.6% in the 3rd quarter. Prospera Financial Services Inc now owns 13,588 shares of the company’s stock valued at $366,000 after acquiring an additional 2,943 shares in the last quarter. Great Valley Advisor Group Inc. acquired a new position in Capital Group Core Bond ETF in the 3rd quarter valued at about $5,007,000. Kingsview Wealth Management LLC grew its position in Capital Group Core Bond ETF by 95.5% in the 3rd quarter. Kingsview Wealth Management LLC now owns 181,793 shares of the company’s stock valued at $4,899,000 after acquiring an additional 88,781 shares in the last quarter. Finally, Private Trust Co. NA acquired a new position in Capital Group Core Bond ETF in the 3rd quarter valued at about $46,000.

Capital Group Core Bond ETF Trading Down 0.2 %

Shares of CGCB opened at $26.17 on Monday. The stock has a 50-day simple moving average of $25.97 and a 200-day simple moving average of $26.26. Capital Group Core Bond ETF has a 1 year low of $25.21 and a 1 year high of $27.24.

Capital Group Core Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were paid a $0.072 dividend. The ex-dividend date of this dividend was Friday, January 31st.

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.