Envestnet Portfolio Solutions Inc. Grows Position in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 12.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 90,313 shares of the company’s stock after buying an additional 10,073 shares during the period. Envestnet Portfolio Solutions Inc. owned approximately 0.99% of Capital Group Core Bond ETF worth $2,329,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of CGCB. Stifel Financial Corp boosted its position in shares of Capital Group Core Bond ETF by 344.1% during the third quarter. Stifel Financial Corp now owns 1,138,282 shares of the company’s stock valued at $30,677,000 after buying an additional 881,968 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Capital Group Core Bond ETF in the fourth quarter worth about $19,207,000. Southern Style Financial Inc. purchased a new position in Capital Group Core Bond ETF in the fourth quarter worth about $17,992,000. Regatta Capital Group LLC purchased a new position in Capital Group Core Bond ETF in the fourth quarter worth about $16,532,000. Finally, Private Advisor Group LLC boosted its position in Capital Group Core Bond ETF by 384.5% in the fourth quarter. Private Advisor Group LLC now owns 770,576 shares of the company’s stock worth $19,873,000 after purchasing an additional 611,522 shares during the last quarter.

Capital Group Core Bond ETF Price Performance

Shares of NYSEARCA:CGCB opened at $26.34 on Friday. The stock’s 50-day simple moving average is $26.01 and its two-hundred day simple moving average is $26.25. 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 announced 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.