Berger Financial Group Inc Increases Stake in Capital Group Core Bond ETF $CGCB

Berger Financial Group Inc lifted its stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 14.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 71,444 shares of the company’s stock after buying an additional 9,133 shares during the quarter. Berger Financial Group Inc owned approximately 0.07% of Capital Group Core Bond ETF worth $1,879,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Janney Montgomery Scott LLC lifted its stake in Capital Group Core Bond ETF by 3.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 17,423 shares of the company’s stock worth $458,000 after purchasing an additional 541 shares in the last quarter. Tempus Wealth Planning LLC increased its holdings in shares of Capital Group Core Bond ETF by 2.9% in the second quarter. Tempus Wealth Planning LLC now owns 26,583 shares of the company’s stock worth $699,000 after purchasing an additional 752 shares during the last quarter. Harbor Investment Advisory LLC increased its holdings in shares of Capital Group Core Bond ETF by 13.5% in the second quarter. Harbor Investment Advisory LLC now owns 16,213 shares of the company’s stock worth $426,000 after purchasing an additional 1,923 shares during the last quarter. MSH Capital Advisors LLC lifted its position in shares of Capital Group Core Bond ETF by 15.4% in the first quarter. MSH Capital Advisors LLC now owns 14,417 shares of the company’s stock worth $379,000 after buying an additional 1,927 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Capital Group Core Bond ETF by 0.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 372,953 shares of the company’s stock valued at $9,801,000 after buying an additional 2,218 shares during the last quarter.

Capital Group Core Bond ETF Stock Down 0.2%

NYSEARCA:CGCB opened at $26.59 on Monday. Capital Group Core Bond ETF has a 1 year low of $25.44 and a 1 year high of $26.85. The stock’s 50 day simple moving average is $26.48 and its two-hundred day simple moving average is $26.23.

Capital Group Core Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 29th were given a dividend of $0.0905 per share. The ex-dividend date was Monday, September 29th. This represents a c) annualized dividend and a yield of 4.1%.

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.