Regatta Capital Group LLC Buys New Shares in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Regatta Capital Group LLC bought a new position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 641,012 shares of the company’s stock, valued at approximately $16,532,000. Capital Group Core Bond ETF makes up 3.2% of Regatta Capital Group LLC’s holdings, making the stock its 6th biggest holding. Regatta Capital Group LLC owned 7.04% of Capital Group Core Bond ETF at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Dynamic Advisor Solutions LLC grew its position in Capital Group Core Bond ETF by 2.1% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 165,590 shares of the company’s stock valued at $4,271,000 after acquiring an additional 3,452 shares during the period. Cornerstone Wealth Management LLC bought a new stake in Capital Group Core Bond ETF during the 4th quarter worth approximately $360,000. Johnson Bixby & Associates LLC bought a new position in Capital Group Core Bond ETF in the 4th quarter valued at $213,000. Spinnaker Investment Group LLC bought a new position in shares of Capital Group Core Bond ETF in the fourth quarter valued at about $2,382,000. Finally, Endeavor Private Wealth Inc. bought a new stake in Capital Group Core Bond ETF during the 4th quarter worth about $1,907,000.

Capital Group Core Bond ETF Price Performance

Shares of Capital Group Core Bond ETF stock opened at $25.80 on Friday. The firm has a 50 day simple moving average of $25.96 and a 200 day simple moving average of $26.36. Capital Group Core Bond ETF has a fifty-two week low of $25.21 and a fifty-two week high of $27.24.

Capital Group Core Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, December 2nd. Stockholders of record on Friday, November 29th were given a dividend of $0.084 per share. The ex-dividend date was Friday, November 29th.

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.