Envestnet Portfolio Solutions Inc. Has $3.47 Million Holdings in Capital Group Core Bond ETF $CGCB

Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 20.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 130,989 shares of the company’s stock after purchasing an additional 21,853 shares during the period. Envestnet Portfolio Solutions Inc. owned 0.09% of Capital Group Core Bond ETF worth $3,474,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of CGCB. IFP Advisors Inc lifted its holdings in shares of Capital Group Core Bond ETF by 473.1% during the third quarter. IFP Advisors Inc now owns 1,066 shares of the company’s stock worth $28,000 after purchasing an additional 880 shares during the period. Clearstead Trust LLC acquired a new position in shares of Capital Group Core Bond ETF during the third quarter worth $37,000. Huntington National Bank acquired a new position in shares of Capital Group Core Bond ETF during the third quarter worth $54,000. EverSource Wealth Advisors LLC acquired a new position in shares of Capital Group Core Bond ETF during the third quarter worth $67,000. Finally, Fifth Third Bancorp acquired a new position in shares of Capital Group Core Bond ETF during the fourth quarter worth $98,000.

Capital Group Core Bond ETF Trading Up 0.1%

Shares of NYSEARCA:CGCB opened at $26.05 on Friday. The firm’s fifty day moving average is $26.29 and its 200-day moving average is $26.51. Capital Group Core Bond ETF has a 52 week low of $25.71 and a 52 week high of $26.91.

Capital Group Core Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were issued a dividend of $0.086 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. This is a boost from Capital Group Core Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date was Friday, February 27th.

About Capital Group Core Bond ETF

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.