Capital Group Core Bond ETF $CGCB Stock Sold by True Blue Financial LLC

True Blue Financial LLC trimmed its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 23.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 85,418 shares of the company’s stock after selling 26,463 shares during the period. True Blue Financial LLC’s holdings in Capital Group Core Bond ETF were worth $2,134,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of CGCB. Financial & Tax Architects LLC purchased a new stake in Capital Group Core Bond ETF in the third quarter worth approximately $270,000. AdvisorNet Financial Inc grew its position 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 valued at $20,115,000 after acquiring an additional 42,486 shares during the last quarter. Saxony Capital Management LLC raised its stake in shares of 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 worth $3,364,000 after acquiring an additional 5,845 shares in the last quarter. Johnson Bixby & Associates LLC raised its stake in shares of 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 worth $65,419,000 after acquiring an additional 261,357 shares in the last quarter. Finally, Tempus Wealth Planning LLC raised its stake in shares of 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 worth $790,000 after acquiring an additional 850 shares in the last quarter.

Capital Group Core Bond ETF Stock Performance

Shares of CGCB opened at $25.27 on Friday. Capital Group Core Bond ETF has a fifty-two week low of $24.85 and a fifty-two week high of $26.91. The firm has a 50 day moving average price of $25.51 and a 200-day moving average price of $25.93.

Capital Group Core Bond ETF Increases Dividend

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

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.