Capital Group Core Bond ETF $CGCB is Greenbush Financial Group LLC’s 10th Largest Position

Greenbush Financial Group LLC grew its stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 9.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 385,366 shares of the company’s stock after acquiring an additional 33,852 shares during the period. Capital Group Core Bond ETF accounts for 3.9% of Greenbush Financial Group LLC’s holdings, making the stock its 10th biggest holding. Greenbush Financial Group LLC owned about 0.32% of Capital Group Core Bond ETF worth $10,243,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of CGCB. Comerica Bank boosted its holdings in shares of Capital Group Core Bond ETF by 62.6% in the first quarter. Comerica Bank now owns 14,016 shares of the company’s stock valued at $368,000 after purchasing an additional 5,396 shares during the period. Baird Financial Group Inc. raised its position in Capital Group Core Bond ETF by 679.1% during the 1st quarter. Baird Financial Group Inc. now owns 75,685 shares of the company’s stock valued at $1,989,000 after purchasing an additional 65,971 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of Capital Group Core Bond ETF by 8.5% in the 1st quarter. Royal Bank of Canada now owns 1,205,090 shares of the company’s stock worth $31,670,000 after buying an additional 94,072 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in shares of Capital Group Core Bond ETF by 20.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 35,441 shares of the company’s stock worth $931,000 after buying an additional 5,967 shares during the period. Finally, NewEdge Advisors LLC grew its position in shares of Capital Group Core Bond ETF by 43.3% during the 1st quarter. NewEdge Advisors LLC now owns 130,240 shares of the company’s stock worth $3,423,000 after buying an additional 39,354 shares in the last quarter.

Capital Group Core Bond ETF Stock Performance

Shares of Capital Group Core Bond ETF stock opened at $26.52 on Friday. The stock’s fifty day moving average price is $26.63 and its 200-day moving average price is $26.49. Capital Group Core Bond ETF has a 12 month low of $25.44 and a 12 month high of $26.91.

Capital Group Core Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 24th were given a dividend of $0.1186 per share. This is a positive change from Capital Group Core Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date of this dividend was Wednesday, December 24th. This represents a c) dividend on an annualized basis and a yield of 5.4%.

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.