Capital Group Core Bond ETF (NYSEARCA:CGCB) Holdings Lowered by Advance Capital Management Inc.

Advance Capital Management Inc. cut its stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 10.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,600,090 shares of the company’s stock after selling 1,951,699 shares during the period. Capital Group Core Bond ETF comprises approximately 19.6% of Advance Capital Management Inc.’s portfolio, making the stock its 2nd largest position. Advance Capital Management Inc. owned approximately 182.42% of Capital Group Core Bond ETF worth $428,116,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Sigma Planning Corp increased its position in Capital Group Core Bond ETF by 3.9% during the third quarter. Sigma Planning Corp now owns 27,113 shares of the company’s stock worth $731,000 after buying an additional 1,018 shares during the period. Benjamin F. Edwards & Company Inc. purchased a new stake in Capital Group Core Bond ETF in the 2nd quarter valued at $37,000. CWS Financial Advisors LLC raised its position in Capital Group Core Bond ETF by 18.4% in the 3rd quarter. CWS Financial Advisors LLC now owns 10,746 shares of the company’s stock valued at $290,000 after purchasing an additional 1,667 shares during the last quarter. Private Trust Co. NA acquired a new stake in Capital Group Core Bond ETF during the 3rd quarter worth $46,000. Finally, Creative Financial Designs Inc. ADV increased its stake in Capital Group Core Bond ETF by 993.1% in the third quarter. Creative Financial Designs Inc. ADV now owns 2,547 shares of the company’s stock valued at $69,000 after purchasing an additional 2,314 shares during the period.

Capital Group Core Bond ETF Price Performance

Shares of CGCB traded up $0.14 during mid-day trading on Monday, hitting $25.90. 475,929 shares of the company’s stock were exchanged, compared to its average volume of 567,451. Capital Group Core Bond ETF has a fifty-two week low of $25.21 and a fifty-two week high of $27.24. The business’s 50 day moving average is $26.08 and its two-hundred day moving average is $26.39.

Capital Group Core Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 29th were issued a dividend of $0.084 per share. The ex-dividend date was Friday, November 29th.

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.