Integrated Wealth Concepts LLC Has $931,000 Stock Position in Capital Group Core Bond ETF $CGCB

Integrated Wealth Concepts LLC lifted its stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 20.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 35,441 shares of the company’s stock after acquiring an additional 5,967 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Capital Group Core Bond ETF were worth $931,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Janney Montgomery Scott LLC increased its position in shares of Capital Group Core Bond ETF by 3.2% in the first quarter. Janney Montgomery Scott LLC now owns 17,423 shares of the company’s stock valued at $458,000 after acquiring an additional 541 shares during the last quarter. Stratos Wealth Partners LTD. bought a new position in Capital Group Core Bond ETF during the first quarter worth about $251,000. Wealth Enhancement Advisory Services LLC grew its holdings in Capital Group Core Bond ETF by 0.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 372,953 shares of the company’s stock worth $9,801,000 after purchasing an additional 2,218 shares during the period. Comerica Bank grew its holdings in Capital Group Core Bond ETF by 67.7% during the fourth quarter. Comerica Bank now owns 8,620 shares of the company’s stock worth $222,000 after purchasing an additional 3,479 shares during the period. Finally, Berger Financial Group Inc bought a new position in Capital Group Core Bond ETF during the first quarter worth about $1,638,000.

Capital Group Core Bond ETF Trading Up 0.3%

Capital Group Core Bond ETF stock opened at $26.78 on Friday. Capital Group Core Bond ETF has a 52 week low of $25.44 and a 52 week high of $27.24. The stock has a 50-day simple moving average of $26.31 and a 200 day simple moving average of $26.19.

Capital Group Core Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 29th were issued a dividend of $0.0938 per share. The ex-dividend date was Friday, August 29th. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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.