Lodestone Wealth Management LLC Purchases 14,845 Shares of Capital Group Core Bond ETF (NYSEARCA:CGCB)

Lodestone Wealth Management LLC raised its position in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 29.9% during the third quarter, Holdings Channel.com reports. The fund owned 64,498 shares of the company’s stock after purchasing an additional 14,845 shares during the quarter. Lodestone Wealth Management LLC’s holdings in Capital Group Core Bond ETF were worth $1,738,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Benjamin F. Edwards & Company Inc. bought a new stake in shares of Capital Group Core Bond ETF in the second quarter worth about $37,000. Creative Financial Designs Inc. ADV grew its position in shares of Capital Group Core Bond ETF by 993.1% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,547 shares of the company’s stock worth $69,000 after buying an additional 2,314 shares during the last quarter. Concourse Financial Group Securities Inc. purchased a new position in shares of Capital Group Core Bond ETF during the first quarter valued at approximately $73,000. Armstrong Fleming & Moore Inc bought a new position in shares of Capital Group Core Bond ETF during the third quarter valued at approximately $205,000. Finally, Saxony Capital Management LLC bought a new position in shares of Capital Group Core Bond ETF during the second quarter valued at approximately $213,000.

Capital Group Core Bond ETF Trading Down 0.2 %

NYSEARCA:CGCB opened at $26.06 on Friday. The firm’s fifty day simple moving average is $26.76 and its 200 day simple moving average is $26.26. Capital Group Core Bond ETF has a twelve month low of $24.90 and a twelve month high of $27.24.

Capital Group Core Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 27th were paid a dividend of $0.0849 per share. The ex-dividend date was Friday, September 27th.

Capital Group Core Bond ETF 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.