Capital Group Core Bond ETF (NYSEARCA:CGCB) Shares Sold by AdvisorNet Financial Inc

AdvisorNet Financial Inc lowered its holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 13.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 22,323 shares of the company’s stock after selling 3,396 shares during the period. AdvisorNet Financial Inc’s holdings in Capital Group Core Bond ETF were worth $576,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the business. Envestnet Asset Management Inc. raised its stake in shares of Capital Group Core Bond ETF by 426.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 897,994 shares of the company’s stock valued at $23,186,000 after purchasing an additional 727,447 shares in the last quarter. Benjamin F. Edwards & Company Inc. acquired a new stake in Capital Group Core Bond ETF during the second quarter valued at approximately $37,000. Smith Thornton Advisors LLC acquired a new stake in Capital Group Core Bond ETF during the second quarter valued at approximately $633,000. Cetera Investment Advisers bought a new position in Capital Group Core Bond ETF during the 2nd quarter worth approximately $6,981,000. Finally, Dentgroup LLC acquired a new position in shares of Capital Group Core Bond ETF in the 3rd quarter worth approximately $357,000.

Capital Group Core Bond ETF Price Performance

Shares of NYSEARCA:CGCB opened at $25.72 on Thursday. The company’s fifty day moving average is $26.00 and its two-hundred day moving average is $26.37. Capital Group Core Bond ETF has a 1-year low of $25.21 and a 1-year high of $27.24.

Capital Group Core Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 29th were paid a $0.084 dividend. The ex-dividend date was Friday, November 29th.

Capital Group Core Bond ETF Company 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.