LPL Financial LLC Has $136.50 Million Holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB)

LPL Financial LLC increased its position in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 229.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,292,538 shares of the company’s stock after acquiring an additional 3,685,336 shares during the quarter. LPL Financial LLC owned about 0.58% of Capital Group Core Bond ETF worth $136,495,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CGCB. Stifel Financial Corp increased its stake 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 purchasing an additional 881,968 shares during the period. Raymond James Financial Inc. bought a new stake in Capital Group Core Bond ETF during the 4th quarter valued at approximately $19,207,000. Southern Style Financial Inc. acquired a new stake in Capital Group Core Bond ETF in the 4th quarter valued at approximately $17,992,000. Regatta Capital Group LLC bought a new position in Capital Group Core Bond ETF in the 4th quarter worth approximately $16,532,000. Finally, Private Advisor Group LLC lifted its holdings in shares of Capital Group Core Bond ETF by 384.5% during the fourth quarter. Private Advisor Group LLC now owns 770,576 shares of the company’s stock worth $19,873,000 after buying an additional 611,522 shares during the last quarter.

Capital Group Core Bond ETF Price Performance

CGCB opened at $26.20 on Tuesday. The business has a 50 day moving average of $26.04 and a 200-day moving average of $26.24. 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 business also recently declared a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were given a $0.072 dividend. The ex-dividend date was Friday, January 31st.

Capital Group Core Bond ETF Company 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.