Capital Group Core Bond ETF $CGCB Shares Purchased by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC lifted its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 12.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,855 shares of the company’s stock after acquiring an additional 2,302 shares during the quarter. Perennial Investment Advisors LLC’s holdings in Capital Group Core Bond ETF were worth $548,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. United Advisor Group LLC raised its position in Capital Group Core Bond ETF by 22.2% in the 2nd quarter. United Advisor Group LLC now owns 85,895 shares of the company’s stock valued at $2,259,000 after purchasing an additional 15,606 shares in the last quarter. Rothschild Investment LLC increased its stake in shares of Capital Group Core Bond ETF by 26.6% during the second quarter. Rothschild Investment LLC now owns 99,188 shares of the company’s stock worth $2,609,000 after buying an additional 20,828 shares during the period. Western Wealth Management LLC raised its holdings in Capital Group Core Bond ETF by 4.3% in the second quarter. Western Wealth Management LLC now owns 107,262 shares of the company’s stock valued at $2,821,000 after acquiring an additional 4,404 shares in the last quarter. Kingsview Wealth Management LLC lifted its stake in Capital Group Core Bond ETF by 22.9% in the second quarter. Kingsview Wealth Management LLC now owns 235,612 shares of the company’s stock worth $6,197,000 after acquiring an additional 43,827 shares during the last quarter. Finally, Avantax Advisory Services Inc. grew its holdings in Capital Group Core Bond ETF by 38.1% during the 2nd quarter. Avantax Advisory Services Inc. now owns 98,394 shares of the company’s stock worth $2,588,000 after acquiring an additional 27,144 shares in the last quarter.

Capital Group Core Bond ETF Stock Performance

Shares of CGCB opened at $26.60 on Wednesday. The firm’s fifty day simple moving average is $26.68 and its 200-day simple moving average is $26.35. Capital Group Core Bond ETF has a twelve month low of $25.44 and a twelve month high of $26.91.

Capital Group Core Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, November 3rd. Stockholders of record on Friday, October 31st were issued a $0.107 dividend. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date was Friday, October 31st. This is a positive change from Capital Group Core Bond ETF’s previous monthly dividend of $0.09.

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.