UBS Group AG Raises Stock Position in Capital Group Core Bond ETF $CGCB

UBS Group AG increased its stake in Capital Group Core Bond ETF (NYSEARCA:CGCB – Free Report) by 63.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 344,151 shares of the company’s stock after acquiring an additional 133,670 shares during the quarter. UBS Group AG’s holdings in Capital Group Core Bond ETF were worth $9,127,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CGCB. Capital International Investors increased its holdings in Capital Group Core Bond ETF by 92.3% in the 3rd quarter. Capital International Investors now owns 19,008,607 shares of the company’s stock worth $505,249,000 after acquiring an additional 9,125,578 shares in the last quarter. Johnson Bixby & Associates LLC increased its holdings in Capital Group Core Bond ETF by 14,622.3% in the 4th quarter. Johnson Bixby & Associates LLC now owns 2,044,780 shares of the company’s stock worth $54,228,000 after acquiring an additional 2,030,891 shares in the last quarter. Bank of America Corp DE increased its holdings in Capital Group Core Bond ETF by 269.8% in the 2nd quarter. Bank of America Corp DE now owns 1,203,357 shares of the company’s stock worth $31,648,000 after acquiring an additional 877,912 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Capital Group Core Bond ETF by 22.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,374,447 shares of the company’s stock worth $116,273,000 after acquiring an additional 797,548 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in Capital Group Core Bond ETF by 403.3% in the 3rd quarter. NewEdge Advisors LLC now owns 860,530 shares of the company’s stock worth $22,873,000 after acquiring an additional 689,569 shares in the last quarter.

Get Capital Group Core Bond ETF alerts:

Capital Group Core Bond ETF Price Performance

Shares of NYSEARCA CGCB opened at $25.98 on Monday. Capital Group Core Bond ETF has a one year low of $25.71 and a one year high of $26.91. The firm has a fifty day moving average of $26.35 and a 200 day moving average of $26.53.

Capital Group Core Bond ETF Increases Dividend

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

About Capital Group Core Bond ETF

(Free Report)

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.

Read More

• Five stocks we like better than Capital Group Core Bond ETF
• Robinhood, SoFi, and Webull Are Telling Very Different Stories
• As Broadcom Eclipses $2 Trillion, Private Credit Giants Wants In
• Target the Red-Hot Spin-Off and Merger Space With These ETFs
• Samsung Joins the $1 Trillion Club as AI Memory Demand Explodes

Want to see what other hedge funds are holding CGCB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Core Bond ETF (NYSEARCA:CGCB – Free Report).

Receive News & Ratings for Capital Group Core Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group Core Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.