Concurrent Investment Advisors LLC Trims Stock Position in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Posted by Donald Scott on Nov 7th, 2024

Concurrent Investment Advisors LLC lowered its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB – Free Report) by 2.2% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 120,279 shares of the company’s stock after selling 2,718 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Capital Group Core Bond ETF were worth $3,242,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in CGCB. Benjamin F. Edwards & Company Inc. purchased a new position in shares of Capital Group Core Bond ETF in the 2nd quarter valued at about $37,000. Creative Financial Designs Inc. ADV increased its stake in 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 valued at $69,000 after purchasing an additional 2,314 shares in the last quarter. Concourse Financial Group Securities Inc. acquired a new position in Capital Group Core Bond ETF during the first quarter worth $73,000. Armstrong Fleming & Moore Inc purchased a new stake in shares of Capital Group Core Bond ETF in the 3rd quarter worth about $205,000. Finally, Saxony Capital Management LLC acquired a new stake in Capital Group Core Bond ETF in the 2nd quarter valued at about $213,000.

Capital Group Core Bond ETF Stock Down 0.9 %

CGCB opened at $25.97 on Thursday. The business’s fifty day simple moving average is $26.71 and its 200 day simple moving average is $26.28. Capital Group Core Bond ETF has a 52 week low of $24.90 and a 52 week high of $27.24.

Capital Group Core Bond ETF Cuts Dividend

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

Capital Group Core Bond ETF Profile

(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.