Capital Group Core Bond ETF $CGCB is Regatta Capital Group LLC’s 8th Largest Position

Regatta Capital Group LLC boosted its holdings in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 5.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 755,559 shares of the company’s stock after acquiring an additional 37,092 shares during the period. Capital Group Core Bond ETF comprises about 3.2% of Regatta Capital Group LLC’s portfolio, making the stock its 8th largest position. Regatta Capital Group LLC’s holdings in Capital Group Core Bond ETF were worth $20,083,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Advance Capital Management Inc. lifted its position in shares of Capital Group Core Bond ETF by 6.9% in the 2nd quarter. Advance Capital Management Inc. now owns 11,517,435 shares of the company’s stock worth $302,909,000 after purchasing an additional 739,312 shares during the period. Envestnet Asset Management Inc. raised its stake in Capital Group Core Bond ETF by 28.0% in the second quarter. Envestnet Asset Management Inc. now owns 3,576,899 shares of the company’s stock worth $94,072,000 after buying an additional 782,472 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Capital Group Core Bond ETF by 32.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,504,539 shares of the company’s stock worth $92,169,000 after buying an additional 850,441 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in Capital Group Core Bond ETF by 35.5% during the second quarter. Raymond James Financial Inc. now owns 2,153,628 shares of the company’s stock worth $56,640,000 after buying an additional 564,095 shares during the period. Finally, Leverty Financial Group LLC boosted its position in Capital Group Core Bond ETF by 9.8% during the 3rd quarter. Leverty Financial Group LLC now owns 1,566,844 shares of the company’s stock valued at $41,646,000 after acquiring an additional 139,473 shares in the last quarter.

Capital Group Core Bond ETF Trading Up 0.0%

Shares of NYSEARCA:CGCB opened at $26.54 on Monday. Capital Group Core Bond ETF has a 12-month low of $25.44 and a 12-month high of $26.91. The business’s fifty day simple moving average is $26.65 and its 200-day simple moving average is $26.48.

Capital Group Core Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 24th were paid a $0.1186 dividend. This represents a c) annualized dividend and a yield of 5.4%. This is a boost from Capital Group Core Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date was Wednesday, December 24th.

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.