Continuum Advisory LLC Grows Stake in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Continuum Advisory LLC raised its holdings in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 269.6% during the third quarter, HoldingsChannel.com reports. The firm owned 50,041 shares of the company’s stock after buying an additional 36,503 shares during the period. Continuum Advisory LLC’s holdings in Capital Group Core Bond ETF were worth $1,300,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Advance Capital Management Inc. boosted its stake in Capital Group Core Bond ETF by 46.1% in the 3rd quarter. Advance Capital Management Inc. now owns 18,551,789 shares of the company’s stock worth $499,971,000 after purchasing an additional 5,850,199 shares in the last quarter. Stifel Financial Corp raised its holdings in shares of Capital Group Core Bond ETF by 344.1% in the third quarter. Stifel Financial Corp now owns 1,138,282 shares of the company’s stock worth $30,677,000 after buying an additional 881,968 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake 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 worth $23,186,000 after buying an additional 727,447 shares during the period. American Financial Advisors LLC grew its holdings 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 buying an additional 46,380 shares during the last quarter. Finally, Valmark Advisers Inc. increased its position in shares of Capital Group Core Bond ETF by 4.8% in the 3rd quarter. Valmark Advisers Inc. now owns 804,333 shares of the company’s stock valued at $21,677,000 after acquiring an additional 36,641 shares during the period.

Capital Group Core Bond ETF Stock Performance

Shares of CGCB stock opened at $26.37 on Tuesday. The business has a fifty day moving average of $26.33 and a 200 day moving average of $26.38. Capital Group Core Bond ETF has a 1 year low of $25.21 and a 1 year high of $27.24.

Capital Group Core Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 29th were paid a $0.084 dividend. The ex-dividend date of this dividend was Friday, November 29th.

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.