NerdWallet Wealth Partners LLC Purchases Shares of 287,156 Capital Group Core Bond ETF $CGCB

NerdWallet Wealth Partners LLC purchased a new stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) in the 3rd quarter, Holdings Channel.com reports. The fund purchased 287,156 shares of the company’s stock, valued at approximately $7,630,000. Capital Group Core Bond ETF comprises about 3.9% of NerdWallet Wealth Partners LLC’s investment portfolio, making the stock its 7th largest holding.

A number of other hedge funds also recently modified their holdings of the business. Natixis Advisors LLC acquired a new position in shares of Capital Group Core Bond ETF during the third quarter worth $442,000. Sunpointe LLC increased its holdings in Capital Group Core Bond ETF by 501.0% in the third quarter. Sunpointe LLC now owns 82,728 shares of the company’s stock valued at $2,199,000 after purchasing an additional 68,964 shares during the period. Integrity Advisory Solutions LLC acquired a new stake in Capital Group Core Bond ETF in the third quarter valued at $211,000. Perennial Investment Advisors LLC raised its position in Capital Group Core Bond ETF by 9.4% during the 3rd quarter. Perennial Investment Advisors LLC now owns 22,812 shares of the company’s stock worth $606,000 after purchasing an additional 1,957 shares during the last quarter. Finally, Orion Porfolio Solutions LLC raised its position in Capital Group Core Bond ETF by 52.0% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 49,112 shares of the company’s stock worth $1,305,000 after purchasing an additional 16,792 shares during the last quarter.

Capital Group Core Bond ETF Stock Down 0.2%

Shares of CGCB opened at $26.59 on Monday. The stock’s 50-day moving average price is $26.63 and its two-hundred day moving average price is $26.63. Capital Group Core Bond ETF has a 12 month low of $25.57 and a 12 month high of $26.91.

Capital Group Core Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were given a dividend of $0.086 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. This is a positive change from Capital Group Core Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date was Friday, February 27th.

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.