KWB Wealth Purchases New Holdings in Capital Group Core Bond ETF $CGCB

KWB Wealth acquired a new stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 401,603 shares of the company’s stock, valued at approximately $10,032,000. KWB Wealth owned about 0.16% of Capital Group Core Bond ETF as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Financial & Tax Architects LLC bought a new position in shares of Capital Group Core Bond ETF in the 3rd quarter valued at about $270,000. AdvisorNet Financial Inc raised its holdings in Capital Group Core Bond ETF by 5.6% during the third quarter. AdvisorNet Financial Inc now owns 800,434 shares of the company’s stock worth $20,115,000 after acquiring an additional 42,486 shares in the last quarter. Saxony Capital Management LLC boosted its position in Capital Group Core Bond ETF by 4.5% during the third quarter. Saxony Capital Management LLC now owns 134,673 shares of the company’s stock valued at $3,364,000 after purchasing an additional 5,845 shares during the last quarter. Johnson Bixby & Associates LLC boosted its position in Capital Group Core Bond ETF by 11.1% during the third quarter. Johnson Bixby & Associates LLC now owns 2,618,848 shares of the company’s stock valued at $65,419,000 after purchasing an additional 261,357 shares during the last quarter. Finally, Tempus Wealth Planning LLC boosted its position in Capital Group Core Bond ETF by 2.8% during the third quarter. Tempus Wealth Planning LLC now owns 31,621 shares of the company’s stock valued at $790,000 after purchasing an additional 850 shares during the last quarter.

Capital Group Core Bond ETF Stock Down 0.0%

CGCB stock traded down $0.01 during mid-day trading on Friday, reaching $25.26. The company had a trading volume of 1,355,219 shares, compared to its average volume of 1,326,906. The stock has a 50 day simple moving average of $25.50 and a two-hundred day simple moving average of $25.93. Capital Group Core Bond ETF has a 52 week low of $24.85 and a 52 week high of $26.91.

Capital Group Core Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 29th were paid a dividend of $0.0956 per share. The ex-dividend date was Tuesday, September 29th. This represents a $1.15 dividend on an annualized basis and a dividend yield of 4.5%. This is an increase from Capital Group Core Bond ETF’s previous monthly dividend of $0.0844.

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.