Freestate Advisors LLC Acquires Shares of 12,913 Capital Group Core Bond ETF $CGCB

Freestate Advisors LLC bought a new stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 12,913 shares of the company’s stock, valued at approximately $340,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Janney Montgomery Scott LLC raised its holdings in Capital Group Core Bond ETF by 3.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 17,423 shares of the company’s stock worth $458,000 after purchasing an additional 541 shares during the period. AdvisorNet Financial Inc raised its stake in shares of Capital Group Core Bond ETF by 5.8% during the 1st quarter. AdvisorNet Financial Inc now owns 23,618 shares of the company’s stock worth $621,000 after buying an additional 1,295 shares during the period. Harbor Investment Advisory LLC raised its stake in shares of Capital Group Core Bond ETF by 13.5% during the 2nd quarter. Harbor Investment Advisory LLC now owns 16,213 shares of the company’s stock worth $426,000 after buying an additional 1,923 shares during the period. MSH Capital Advisors LLC grew its stake in Capital Group Core Bond ETF by 15.4% in the 1st quarter. MSH Capital Advisors LLC now owns 14,417 shares of the company’s stock valued at $379,000 after acquiring an additional 1,927 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its stake in Capital Group Core Bond ETF by 0.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 372,953 shares of the company’s stock valued at $9,801,000 after acquiring an additional 2,218 shares during the period.

Capital Group Core Bond ETF Stock Performance

NYSEARCA:CGCB opened at $26.57 on Friday. Capital Group Core Bond ETF has a fifty-two week low of $25.44 and a fifty-two week high of $27.07. The company has a fifty day moving average of $26.43 and a two-hundred day moving average of $26.21.

Capital Group Core Bond ETF Cuts Dividend

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