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

World Investment Advisors increased its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 148.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 82,539 shares of the company’s stock after acquiring an additional 49,320 shares during the period. World Investment Advisors owned about 0.05% of Capital Group Core Bond ETF worth $2,188,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of CGCB. IFP Advisors Inc raised its position in Capital Group Core Bond ETF by 473.1% in the 3rd quarter. IFP Advisors Inc now owns 1,066 shares of the company’s stock valued at $28,000 after purchasing an additional 880 shares in the last quarter. Clearstead Trust LLC acquired a new stake in Capital Group Core Bond ETF in the 3rd quarter valued at about $37,000. Huntington National Bank acquired a new stake in Capital Group Core Bond ETF in the 3rd quarter valued at about $54,000. EverSource Wealth Advisors LLC acquired a new stake in Capital Group Core Bond ETF in the 3rd quarter valued at about $67,000. Finally, Fifth Third Bancorp acquired a new stake in Capital Group Core Bond ETF in the 4th quarter valued at about $98,000.

Capital Group Core Bond ETF Stock Down 0.7%

CGCB stock opened at $25.98 on Friday. The business’s 50-day moving average is $26.35 and its two-hundred day moving average is $26.53. Capital Group Core Bond ETF has a 1 year low of $25.71 and a 1 year high of $26.91.

Capital Group Core Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were given a $0.086 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 4.0%. This is an increase from Capital Group Core Bond ETF’s previous monthly dividend of $0.07.

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.