Strid Group LLC acquired a new position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 213,440 shares of the company’s stock, valued at approximately $5,332,000. Capital Group Core Bond ETF makes up about 0.6% of Strid Group LLC’s investment portfolio, making the stock its 22nd largest position. Strid Group LLC owned 0.08% of Capital Group Core Bond ETF as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Capital Management Associates Inc boosted its stake in Capital Group Core Bond ETF by 1.1% in the 3rd quarter. Capital Management Associates Inc now owns 36,661 shares of the company’s stock worth $916,000 after purchasing an additional 409 shares during the period. Dynamic Advisor Solutions LLC increased its position in shares of Capital Group Core Bond ETF by 0.3% during the second quarter. Dynamic Advisor Solutions LLC now owns 138,294 shares of the company’s stock valued at $3,621,000 after buying an additional 416 shares during the period. Summit Global Investments increased its position in shares of Capital Group Core Bond ETF by 4.2% during the first quarter. Summit Global Investments now owns 14,133 shares of the company’s stock valued at $371,000 after buying an additional 565 shares during the period. Wealthcare Advisory Partners LLC increased its position in shares of Capital Group Core Bond ETF by 6.6% during the second quarter. Wealthcare Advisory Partners LLC now owns 10,661 shares of the company’s stock valued at $279,000 after buying an additional 663 shares during the period. Finally, Tempus Wealth Planning LLC lifted its holdings in shares of Capital Group Core Bond ETF by 2.8% in the third quarter. Tempus Wealth Planning LLC now owns 31,621 shares of the company’s stock worth $790,000 after buying an additional 850 shares in the last quarter.
Capital Group Core Bond ETF Price Performance
Shares of Capital Group Core Bond ETF stock opened at $25.45 on Friday. The company’s 50-day moving average price is $25.40 and its 200-day moving average price is $26.06. Capital Group Core Bond ETF has a 12-month low of $24.85 and a 12-month high of $26.90.
Capital Group Core Bond ETF Cuts Dividend
The company also recently announced a monthly dividend, which will be paid on Monday, November 2nd. Investors of record on Friday, October 30th will be issued a dividend of $0.0951 per share. This is a drop from Capital Group Core Bond ETF’s previous monthly dividend of $0.0956. The ex-dividend date of this dividend is Friday, October 30th. This represents a $1.14 dividend on an annualized basis and a yield of 4.5%.
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.
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