Capital Group Core Bond ETF (NYSEARCA:CGCB) Shares Acquired by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. lifted its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 22.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 51,993 shares of the company’s stock after purchasing an additional 9,593 shares during the period. Cullen Frost Bankers Inc. owned 0.57% of Capital Group Core Bond ETF worth $1,341,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Smith Thornton Advisors LLC lifted its holdings in Capital Group Core Bond ETF by 193.5% in the third quarter. Smith Thornton Advisors LLC now owns 71,904 shares of the company’s stock valued at $1,938,000 after acquiring an additional 47,404 shares during the last quarter. Strategic Family Wealth Counselors L.L.C. lifted its holdings in Capital Group Core Bond ETF by 132.8% in the third quarter. Strategic Family Wealth Counselors L.L.C. now owns 53,812 shares of the company’s stock valued at $1,450,000 after acquiring an additional 30,699 shares during the last quarter. Sigma Planning Corp lifted its holdings in Capital Group Core Bond ETF by 3.9% in the third quarter. Sigma Planning Corp now owns 27,113 shares of the company’s stock valued at $731,000 after acquiring an additional 1,018 shares during the last quarter. Harbour Investments Inc. lifted its holdings in Capital Group Core Bond ETF by 80.2% in the third quarter. Harbour Investments Inc. now owns 15,427 shares of the company’s stock valued at $416,000 after acquiring an additional 6,866 shares during the last quarter. Finally, First Heartland Consultants Inc. acquired a new position in Capital Group Core Bond ETF in the third quarter valued at approximately $511,000.

Capital Group Core Bond ETF Stock Performance

NYSEARCA:CGCB opened at $26.19 on Friday. The stock’s fifty day moving average is $25.92 and its two-hundred day moving average is $26.29. Capital Group Core Bond ETF has a 52 week low of $25.21 and a 52 week high of $27.24.

Capital Group Core Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were paid a dividend of $0.072 per share. The ex-dividend date of this dividend was Friday, January 31st.

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.