213,440 Shares of Capital Group Core Bond ETF $CGCB Acquired by Strid Group LLC

Strid Group LLC bought a new stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 213,440 shares of the company’s stock, valued at approximately $5,332,000. Capital Group Core Bond ETF makes up about 0.6% of Strid Group LLC’s investment portfolio, making the stock its 22nd biggest position.

A number of other hedge funds also recently made changes to their positions in CGCB. Envestnet Asset Management Inc. raised its position in Capital Group Core Bond ETF by 12.2% during the second quarter. Envestnet Asset Management Inc. now owns 7,721,547 shares of the company’s stock valued at $202,150,000 after purchasing an additional 841,106 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of Capital Group Core Bond ETF by 17.7% in the 1st quarter. Cetera Investment Advisers now owns 3,932,344 shares of the company’s stock worth $103,263,000 after purchasing an additional 591,197 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of Capital Group Core Bond ETF by 36.1% in the 1st quarter. Bank of America Corp DE now owns 3,646,178 shares of the company’s stock worth $95,749,000 after purchasing an additional 968,033 shares in the last quarter. Johnson Bixby & Associates LLC increased its position in shares of Capital Group Core Bond ETF by 11.1% during the 3rd 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, Sei Investments Co. grew its position in Capital Group Core Bond ETF by 33.6% during the first quarter. Sei Investments Co. now owns 2,501,744 shares of the company’s stock valued at $65,696,000 after acquiring an additional 629,239 shares during the last quarter.

Capital Group Core Bond ETF Stock Performance

Shares of CGCB opened at $25.45 on Friday. Capital Group Core Bond ETF has a fifty-two week low of $24.85 and a fifty-two week high of $26.90. The firm has a 50 day moving average price of $25.40 and a 200-day moving average price of $26.06.

Capital Group Core Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Friday, October 30th will be given a dividend of $0.0951 per share. The ex-dividend date is Friday, October 30th. This is a negative change from Capital Group Core Bond ETF’s previous monthly dividend of $0.0956. This represents a $1.14 annualized dividend and a yield of 4.5%.

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.