Geneos Wealth Management Inc. Has $135,000 Holdings in Capital Group Core Bond ETF $CGCB

Geneos Wealth Management Inc. cut its holdings in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 98.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,071 shares of the company’s stock after selling 371,624 shares during the period. Geneos Wealth Management Inc.’s holdings in Capital Group Core Bond ETF were worth $135,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Advance Capital Management Inc. raised its position in shares of Capital Group Core Bond ETF by 6.9% during the second 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 holdings in Capital Group Core Bond ETF by 28.0% during the 2nd 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 during the period. Northwestern Mutual Wealth Management Co. lifted 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 valued at $92,169,000 after buying an additional 850,441 shares in the last quarter. Raymond James Financial Inc. lifted its stake in Capital Group Core Bond ETF by 35.5% in the second quarter. Raymond James Financial Inc. now owns 2,153,628 shares of the company’s stock valued at $56,640,000 after buying an additional 564,095 shares in the last quarter. Finally, Merit Financial Group LLC boosted its holdings in shares of Capital Group Core Bond ETF by 1,580.2% in the third quarter. Merit Financial Group LLC now owns 1,935,910 shares of the company’s stock valued at $51,456,000 after buying an additional 1,820,690 shares during the period.

Capital Group Core Bond ETF Price Performance

Shares of CGCB stock opened at $26.55 on Tuesday. Capital Group Core Bond ETF has a 12-month low of $25.44 and a 12-month high of $26.91. The firm has a fifty day moving average of $26.60 and a 200-day moving average of $26.51.

Capital Group Core Bond ETF Increases Dividend

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

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.