Smith Thornton Advisors LLC Acquires 112,557 Shares of Capital Group Core Bond ETF (NYSEARCA:CGCB)

Smith Thornton Advisors LLC grew its holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 156.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 184,461 shares of the company’s stock after purchasing an additional 112,557 shares during the period. Capital Group Core Bond ETF comprises 3.0% of Smith Thornton Advisors LLC’s portfolio, making the stock its 2nd largest holding. Smith Thornton Advisors LLC owned about 2.03% of Capital Group Core Bond ETF worth $4,757,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Advance Capital Management Inc. grew its stake in shares of Capital Group Core Bond ETF by 46.1% in the 3rd quarter. Advance Capital Management Inc. now owns 18,551,789 shares of the company’s stock valued at $499,971,000 after buying an additional 5,850,199 shares in the last quarter. Stifel Financial Corp grew its stake in shares of Capital Group Core Bond ETF by 344.1% in the 3rd quarter. Stifel Financial Corp now owns 1,138,282 shares of the company’s stock valued at $30,677,000 after buying an additional 881,968 shares in the last quarter. Envestnet Asset Management Inc. grew 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 buying an additional 727,447 shares in the last quarter. Cetera Investment Advisers bought a new stake in shares of Capital Group Core Bond ETF in the 2nd quarter valued at approximately $6,981,000. Finally, Great Valley Advisor Group Inc. bought a new stake in shares of Capital Group Core Bond ETF in the 3rd quarter valued at approximately $5,007,000.

Capital Group Core Bond ETF Price Performance

Shares of NYSEARCA CGCB opened at $25.72 on Thursday. The business has a 50 day simple moving average of $26.00 and a 200 day simple moving average of $26.37. Capital Group Core Bond ETF has a 52 week low of $25.21 and a 52 week high of $27.24.

Capital Group Core Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 29th were paid a $0.084 dividend. The ex-dividend date of this dividend was Friday, November 29th.

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.