Stratos Wealth Partners LTD. Grows Stock Position in Capital Group Core Bond ETF $CGCB

Stratos Wealth Partners LTD. boosted its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 480.3% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 55,369 shares of the company’s stock after buying an additional 45,828 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Capital Group Core Bond ETF were worth $1,456,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Bill Few Associates Inc. raised its holdings in Capital Group Core Bond ETF by 0.9% during the 2nd quarter. Bill Few Associates Inc. now owns 47,071 shares of the company’s stock valued at $1,238,000 after buying an additional 425 shares during the period. Janney Montgomery Scott LLC raised its holdings in Capital Group Core Bond ETF by 3.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 17,423 shares of the company’s stock valued at $458,000 after buying an additional 541 shares during the period. Tempus Wealth Planning LLC raised its holdings in Capital Group Core Bond ETF by 2.9% during the 2nd quarter. Tempus Wealth Planning LLC now owns 26,583 shares of the company’s stock valued at $699,000 after buying an additional 752 shares during the period. CWM LLC raised 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 valued at $116,000 after buying an additional 1,031 shares during the period. Finally, Sagespring Wealth Partners LLC raised its holdings in Capital Group Core Bond ETF by 17.7% during the 2nd quarter. Sagespring Wealth Partners LLC now owns 11,161 shares of the company’s stock valued at $294,000 after buying an additional 1,681 shares during the period.

Capital Group Core Bond ETF Stock Performance

NYSEARCA:CGCB opened at $26.86 on Tuesday. The stock’s fifty day moving average is $26.57 and its 200 day moving average is $26.26. Capital Group Core Bond ETF has a fifty-two week low of $25.44 and a fifty-two week high of $26.91.

Capital Group Core Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 29th were issued a dividend of $0.0905 per share. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date was Monday, September 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.