Dentgroup LLC Sells 47,359 Shares of Capital Group Core Bond ETF $CGCB

Dentgroup LLC trimmed its position in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 22.1% in the third quarter, according to its most recent filing with the SEC. The fund owned 166,848 shares of the company’s stock after selling 47,359 shares during the period. Capital Group Core Bond ETF accounts for approximately 2.9% of Dentgroup LLC’s investment portfolio, making the stock its 7th biggest position. Dentgroup LLC’s holdings in Capital Group Core Bond ETF were worth $4,435,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vermillion & White Wealth Management Group LLC bought a new position in shares of Capital Group Core Bond ETF during the first quarter valued at $98,000. Private Trust Co. NA increased its holdings in Capital Group Core Bond ETF by 133.2% in the second quarter. Private Trust Co. NA now owns 3,964 shares of the company’s stock valued at $104,000 after purchasing an additional 2,264 shares during the period. Capital Analysts LLC bought a new position in Capital Group Core Bond ETF during the 1st quarter worth $108,000. CWM LLC lifted its holdings in Capital Group Core Bond ETF by 30.4% during the 2nd quarter. CWM LLC now owns 4,417 shares of the company’s stock worth $116,000 after buying an additional 1,031 shares during the period. Finally, Bank of Montreal Can grew its position in shares of Capital Group Core Bond ETF by 23.3% in the 2nd quarter. Bank of Montreal Can now owns 5,300 shares of the company’s stock valued at $139,000 after buying an additional 1,000 shares during the last quarter.

Capital Group Core Bond ETF Stock Performance

Shares of NYSEARCA CGCB opened at $26.53 on Tuesday. The company’s 50 day moving average price is $26.68 and its 200-day moving average price is $26.44. Capital Group Core Bond ETF has a 52-week low of $25.44 and a 52-week high of $26.91.

Capital Group Core Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 1st. Shareholders of record on Friday, November 28th were paid a $0.0854 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Friday, November 28th.

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.