Kingsview Wealth Management LLC Boosts Position in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Kingsview Wealth Management LLC lifted its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 95.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 181,793 shares of the company’s stock after purchasing an additional 88,781 shares during the quarter. Kingsview Wealth Management LLC owned about 2.00% of Capital Group Core Bond ETF worth $4,899,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Advance Capital Management Inc. boosted its position in shares of Capital Group Core Bond ETF by 46.1% during the third quarter. Advance Capital Management Inc. now owns 18,551,789 shares of the company’s stock valued at $499,971,000 after purchasing an additional 5,850,199 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Capital Group Core Bond ETF by 426.5% during the second quarter. Envestnet Asset Management Inc. now owns 897,994 shares of the company’s stock valued at $23,186,000 after purchasing an additional 727,447 shares in the last quarter. American Financial Advisors LLC boosted its position in shares of Capital Group Core Bond ETF by 5.6% during the third quarter. American Financial Advisors LLC now owns 875,459 shares of the company’s stock valued at $23,594,000 after purchasing an additional 46,380 shares in the last quarter. Valmark Advisers Inc. boosted its position in shares of Capital Group Core Bond ETF by 4.8% during the third quarter. Valmark Advisers Inc. now owns 804,333 shares of the company’s stock valued at $21,677,000 after purchasing an additional 36,641 shares in the last quarter. Finally, Stephens Inc. AR boosted its position in shares of Capital Group Core Bond ETF by 0.7% during the third quarter. Stephens Inc. AR now owns 543,776 shares of the company’s stock valued at $14,655,000 after purchasing an additional 3,927 shares in the last quarter.

Capital Group Core Bond ETF Stock Performance

NYSEARCA CGCB opened at $26.04 on Friday. Capital Group Core Bond ETF has a twelve month low of $25.21 and a twelve month high of $27.24. The stock’s 50 day moving average is $26.50 and its 200 day moving average is $26.33.

Capital Group Core Bond ETF Cuts Dividend

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