Mission Wealth Management LP Makes New Investment in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Mission Wealth Management LP purchased a new stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) during the 1st quarter, HoldingsChannel reports. The fund purchased 62,833 shares of the company’s stock, valued at approximately $1,651,000.

Several other hedge funds also recently modified their holdings of the company. Capital A Wealth Management LLC bought a new position in Capital Group Core Bond ETF during the fourth quarter valued at about $25,000. Allworth Financial LP acquired a new stake in Capital Group Core Bond ETF in the 4th quarter valued at about $53,000. Morgan Dempsey Capital Management LLC bought a new position in shares of Capital Group Core Bond ETF during the 4th quarter valued at about $60,000. Creative Financial Designs Inc. ADV boosted its position in shares of Capital Group Core Bond ETF by 29.8% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 3,306 shares of the company’s stock valued at $85,000 after purchasing an additional 759 shares in the last quarter. Finally, Global Retirement Partners LLC grew its stake in shares of Capital Group Core Bond ETF by 24.0% in the 4th quarter. Global Retirement Partners LLC now owns 7,332 shares of the company’s stock worth $189,000 after purchasing an additional 1,421 shares during the last quarter.

Capital Group Core Bond ETF Price Performance

CGCB stock opened at $25.99 on Tuesday. Capital Group Core Bond ETF has a 12 month low of $25.45 and a 12 month high of $27.24. The firm has a 50 day simple moving average of $26.00 and a 200 day simple moving average of $26.03.

Capital Group Core Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 28th were issued a $0.0884 dividend. The ex-dividend date was Friday, March 28th. This is a boost from Capital Group Core Bond ETF’s previous dividend of $0.07.

Capital Group Core Bond ETF 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.