Johnson Bixby & Associates LLC Takes $213,000 Position in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Johnson Bixby & Associates LLC bought a new stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 8,272 shares of the company’s stock, valued at approximately $213,000.

A number of other hedge funds have also recently modified their holdings of the business. Advance Capital Management Inc. grew its stake in shares of Capital Group Core Bond ETF by 46.1% during the third quarter. Advance Capital Management Inc. now owns 18,551,789 shares of the company’s stock valued at $499,971,000 after buying an additional 5,850,199 shares during the last quarter. Stifel Financial Corp grew its stake in shares of Capital Group Core Bond ETF by 344.1% during the third quarter. Stifel Financial Corp now owns 1,138,282 shares of the company’s stock valued at $30,677,000 after buying an additional 881,968 shares during the last quarter. American Financial Advisors LLC grew its stake in shares of Capital Group Core Bond ETF by 5.6% during the third quarter. American Financial Advisors LLC now owns 875,459 shares of the company’s stock valued at $23,594,000 after buying an additional 46,380 shares during the last quarter. Valmark Advisers Inc. grew its stake in Capital Group Core Bond ETF by 4.8% in the third quarter. Valmark Advisers Inc. now owns 804,333 shares of the company’s stock worth $21,677,000 after purchasing an additional 36,641 shares in the last quarter. Finally, Stephens Inc. AR grew its stake in Capital Group Core Bond ETF by 0.7% in the third quarter. Stephens Inc. AR now owns 543,776 shares of the company’s stock worth $14,655,000 after purchasing an additional 3,927 shares in the last quarter.

Capital Group Core Bond ETF Price Performance

Shares of NYSEARCA:CGCB opened at $25.75 on Friday. Capital Group Core Bond ETF has a 52-week low of $25.21 and a 52-week high of $27.24. The business’s 50 day moving average is $25.96 and its 200 day moving average is $26.36.

Capital Group Core Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 29th were paid a $0.084 dividend. The ex-dividend date of this dividend was Friday, November 29th.

Capital Group Core Bond ETF Company 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.