Capital Planning LLC Acquires New Stake in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Capital Planning LLC purchased a new stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 117,473 shares of the company’s stock, valued at approximately $3,030,000. Capital Planning LLC owned about 1.29% of Capital Group Core Bond ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. acquired a new stake in Capital Group Core Bond ETF in the 2nd quarter valued at $37,000. Private Trust Co. NA acquired a new stake in Capital Group Core Bond ETF in the 3rd quarter valued at $46,000. 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 buying an additional 2,314 shares during the last quarter. Armstrong Fleming & Moore Inc acquired a new stake in Capital Group Core Bond ETF in the 3rd quarter valued at $205,000. Finally, Kovack Advisors Inc. acquired a new stake in Capital Group Core Bond ETF in the 3rd quarter valued at $216,000.

Capital Group Core Bond ETF Trading Up 0.1 %

Shares of CGCB stock opened at $25.74 on Friday. The firm’s fifty day moving average price is $26.00 and its two-hundred day moving average price is $26.37. Capital Group Core Bond ETF has a 1 year low of $25.21 and a 1 year high of $27.24.

Capital Group Core Bond ETF Cuts Dividend

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