Orca Wealth Management LLC Buys New Stake in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Orca Wealth Management LLC purchased a new position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,623 shares of the company’s stock, valued at approximately $248,000. Orca Wealth Management LLC owned about 0.11% of Capital Group Core Bond ETF at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Cetera Investment Advisers purchased a new position in Capital Group Core Bond ETF in the second quarter valued at about $6,981,000. Dentgroup LLC acquired a new position in shares of Capital Group Core Bond ETF in the 3rd quarter worth approximately $357,000. Delta Financial Group Inc. bought a new stake in shares of Capital Group Core Bond ETF during the 3rd quarter valued at about $977,000. Dynamic Advisor Solutions LLC lifted its holdings in shares of Capital Group Core Bond ETF by 16.7% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 162,138 shares of the company’s stock worth $4,370,000 after purchasing an additional 23,197 shares during the last quarter. Finally, Advance Capital Management Inc. increased its holdings in shares of Capital Group Core Bond ETF by 46.1% in the 3rd quarter. Advance Capital Management Inc. now owns 18,551,789 shares of the company’s stock worth $499,971,000 after acquiring an additional 5,850,199 shares during the period.

Capital Group Core Bond ETF Price Performance

Capital Group Core Bond ETF stock opened at $25.94 on Wednesday. The company’s 50-day moving average price is $25.95 and its two-hundred day moving average price is $26.36. 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, December 2nd. Shareholders 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.