Mission Wealth Management LP Takes Position in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Mission Wealth Management LP bought a new position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 62,833 shares of the company’s stock, valued at approximately $1,651,000. Mission Wealth Management LP owned approximately 0.08% of Capital Group Core Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cyndeo Wealth Partners LLC grew its stake in Capital Group Core Bond ETF by 36.9% during the first quarter. Cyndeo Wealth Partners LLC now owns 14,042 shares of the company’s stock worth $369,000 after buying an additional 3,788 shares during the period. Dynamic Advisor Solutions LLC lifted its holdings in shares of Capital Group Core Bond ETF by 4.1% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 172,441 shares of the company’s stock valued at $4,532,000 after acquiring an additional 6,851 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Capital Group Core Bond ETF by 0.6% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 372,953 shares of the company’s stock worth $9,801,000 after purchasing an additional 2,218 shares during the period. Regatta Capital Group LLC increased its holdings in Capital Group Core Bond ETF by 10.1% in the 1st quarter. Regatta Capital Group LLC now owns 706,058 shares of the company’s stock valued at $18,555,000 after purchasing an additional 65,046 shares in the last quarter. Finally, Dentgroup LLC increased its holdings in Capital Group Core Bond ETF by 64.5% in the 1st quarter. Dentgroup LLC now owns 198,212 shares of the company’s stock valued at $5,209,000 after purchasing an additional 77,716 shares in the last quarter.

Capital Group Core Bond ETF Stock Performance

Shares of CGCB opened at $25.99 on Tuesday. Capital Group Core Bond ETF has a 12 month low of $25.45 and a 12 month high of $27.24. The stock’s 50-day moving average is $26.00 and its two-hundred day moving average is $26.03.

Capital Group Core Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 28th were given a dividend of $0.0884 per share. The ex-dividend date of this dividend was Friday, March 28th. This is a positive change from Capital Group Core Bond ETF’s previous dividend of $0.07.

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.