Capital Group Core Bond ETF (NYSEARCA:CGCB) Position Boosted by LongView Wealth Management

LongView Wealth Management raised its holdings in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 116.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 32,081 shares of the company’s stock after purchasing an additional 17,251 shares during the quarter. LongView Wealth Management’s holdings in Capital Group Core Bond ETF were worth $827,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in CGCB. Smith Thornton Advisors LLC bought a new stake in shares of Capital Group Core Bond ETF in the second quarter valued at approximately $633,000. Envestnet Asset Management Inc. raised its position 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 valued at $23,186,000 after buying an additional 727,447 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in shares of Capital Group Core Bond ETF by 1,000.8% in the third quarter. Rockefeller Capital Management L.P. now owns 124,044 shares of the company’s stock valued at $3,343,000 after buying an additional 112,775 shares during the period. Delta Financial Group Inc. bought a new position in Capital Group Core Bond ETF during the third quarter valued at about $977,000. Finally, Dentgroup LLC bought a new stake in shares of Capital Group Core Bond ETF during the third quarter valued at approximately $357,000.

Capital Group Core Bond ETF Trading Up 0.2 %

Shares of Capital Group Core Bond ETF stock opened at $25.78 on Friday. Capital Group Core Bond ETF has a twelve month low of $25.21 and a twelve month high of $27.24. The firm’s 50-day simple moving average is $25.98 and its 200-day simple moving average is $26.36.

Capital Group Core Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, December 2nd. Stockholders 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.