Dentgroup LLC Boosts Stock Position in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Dentgroup LLC raised its position in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 808.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 120,496 shares of the company’s stock after purchasing an additional 107,237 shares during the period. Capital Group Core Bond ETF comprises about 2.4% of Dentgroup LLC’s investment portfolio, making the stock its 11th largest position. Dentgroup LLC owned about 1.32% of Capital Group Core Bond ETF worth $3,108,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Smith Thornton Advisors LLC purchased a new position in shares of Capital Group Core Bond ETF during the second quarter valued at approximately $633,000. Envestnet Asset Management Inc. boosted its holdings in shares of Capital Group Core Bond ETF by 426.5% during the second quarter. Envestnet Asset Management Inc. now owns 897,994 shares of the company’s stock worth $23,186,000 after purchasing an additional 727,447 shares during the last quarter. Private Advisor Group LLC grew its position in shares of Capital Group Core Bond ETF by 58.8% in the second quarter. Private Advisor Group LLC now owns 30,828 shares of the company’s stock valued at $796,000 after purchasing an additional 11,417 shares during the period. Commonwealth Equity Services LLC increased its stake in Capital Group Core Bond ETF by 149.6% in the second quarter. Commonwealth Equity Services LLC now owns 142,946 shares of the company’s stock valued at $3,691,000 after purchasing an additional 85,670 shares during the last quarter. Finally, Rockefeller Capital Management L.P. lifted its position in Capital Group Core Bond ETF by 1,000.8% during the third quarter. Rockefeller Capital Management L.P. now owns 124,044 shares of the company’s stock worth $3,343,000 after buying an additional 112,775 shares during the period.

Capital Group Core Bond ETF Stock Down 0.1 %

NYSEARCA:CGCB traded down $0.02 during mid-day trading on Friday, reaching $25.77. The company’s stock had a trading volume of 288,298 shares, compared to its average volume of 539,086. The company’s fifty day simple moving average is $26.09 and its two-hundred day simple moving average is $26.39. Capital Group Core Bond ETF has a twelve month low of $25.21 and a twelve month 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. Investors of record on Friday, November 29th were given 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.