Harbour Investments Inc. Raises Stock Position in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Harbour Investments Inc. boosted its holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 108.1% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 32,102 shares of the company’s stock after buying an additional 16,675 shares during the period. Harbour Investments Inc. owned 0.35% of Capital Group Core Bond ETF worth $828,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of CGCB. Brookstone Capital Management purchased a new position in shares of Capital Group Core Bond ETF during the fourth quarter valued at about $522,000. Truist Financial Corp purchased a new position in shares of Capital Group Core Bond ETF during the fourth quarter valued at about $921,000. JPMorgan Chase & Co. purchased a new position in shares of Capital Group Core Bond ETF during the third quarter valued at about $330,000. Rockefeller Capital Management L.P. grew its position in shares of Capital Group Core Bond ETF by 1,000.8% during the third quarter. Rockefeller Capital Management L.P. now owns 124,044 shares of the company’s stock valued at $3,343,000 after purchasing an additional 112,775 shares in the last quarter. Finally, Global Retirement Partners LLC grew its position in shares of Capital Group Core Bond ETF by 24.0% during the fourth quarter. Global Retirement Partners LLC now owns 7,332 shares of the company’s stock valued at $189,000 after purchasing an additional 1,421 shares in the last quarter.

Capital Group Core Bond ETF Stock Performance

Shares of Capital Group Core Bond ETF stock opened at $26.32 on Thursday. The business has a 50-day moving average price of $26.00 and a 200-day moving average price of $26.25. Capital Group Core Bond ETF has a twelve month low of $25.21 and a twelve month high of $27.24.

Capital Group Core Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, February 3rd. Stockholders of record on Friday, January 31st were given a dividend of $0.072 per share. 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.