Meridian Wealth Management LLC Acquires 1,888 Shares of Capital Group Core Bond ETF (NYSEARCA:CGCB)

Meridian Wealth Management LLC lifted its holdings in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 3.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,785 shares of the company’s stock after purchasing an additional 1,888 shares during the period. Meridian Wealth Management LLC’s holdings in Capital Group Core Bond ETF were worth $1,516,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Jones Financial Companies Lllp boosted its position in shares of Capital Group Core Bond ETF by 198.1% during the 4th quarter. Jones Financial Companies Lllp now owns 99,332 shares of the company’s stock valued at $2,562,000 after purchasing an additional 66,013 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in shares of Capital Group Core Bond ETF by 20.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 154,464 shares of the company’s stock valued at $3,985,000 after purchasing an additional 26,430 shares in the last quarter. Morgan Dempsey Capital Management LLC bought a new stake in shares of Capital Group Core Bond ETF during the 4th quarter valued at about $60,000. Kovack Advisors Inc. raised its stake in Capital Group Core Bond ETF by 11.0% during the 4th quarter. Kovack Advisors Inc. now owns 8,873 shares of the company’s stock worth $229,000 after buying an additional 876 shares during the period. Finally, CWS Financial Advisors LLC raised its stake in Capital Group Core Bond ETF by 59.2% during the 4th quarter. CWS Financial Advisors LLC now owns 17,109 shares of the company’s stock worth $441,000 after buying an additional 6,363 shares during the period.

Capital Group Core Bond ETF Stock Up 0.2 %

CGCB stock opened at $26.41 on Tuesday. The stock’s 50 day simple moving average is $25.88 and its 200 day simple moving average is $26.30. Capital Group Core Bond ETF has a fifty-two week low of $25.21 and a fifty-two 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. Investors 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.