Capital Group Core Bond ETF $CGCB Holdings Lifted by Prospera Financial Services Inc

Prospera Financial Services Inc grew its holdings in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 40.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,329 shares of the company’s stock after buying an additional 8,799 shares during the period. Prospera Financial Services Inc’s holdings in Capital Group Core Bond ETF were worth $798,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Cannon Financial Strategists Inc. grew its holdings in Capital Group Core Bond ETF by 1.0% in the 2nd quarter. Cannon Financial Strategists Inc. now owns 464,593 shares of the company’s stock worth $12,219,000 after buying an additional 4,435 shares in the last quarter. GPS Wealth Strategies Group LLC grew its stake in shares of Capital Group Core Bond ETF by 18.0% in the second quarter. GPS Wealth Strategies Group LLC now owns 34,112 shares of the company’s stock worth $897,000 after purchasing an additional 5,215 shares in the last quarter. Tsfg LLC acquired a new position in shares of Capital Group Core Bond ETF during the second quarter valued at $6,760,000. Hunter Associates Investment Management LLC acquired a new position in shares of Capital Group Core Bond ETF during the second quarter valued at $231,000. Finally, Bank of Montreal Can raised its stake in shares of Capital Group Core Bond ETF by 23.3% during the second quarter. Bank of Montreal Can now owns 5,300 shares of the company’s stock valued at $139,000 after purchasing an additional 1,000 shares in the last quarter.

Capital Group Core Bond ETF Stock Down 0.3%

CGCB stock opened at $26.60 on Friday. The company has a 50-day simple moving average of $26.69 and a 200 day simple moving average of $26.34. Capital Group Core Bond ETF has a fifty-two week low of $25.44 and a fifty-two week high of $26.91.

Capital Group Core Bond ETF Increases Dividend

The business also recently disclosed 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%. This is a boost from Capital Group Core Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date was Friday, October 31st.

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.