Jones Financial Companies Lllp Buys 66,013 Shares of Capital Group Core Bond ETF (NYSEARCA:CGCB)

Jones Financial Companies Lllp boosted its stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 198.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 99,332 shares of the company’s stock after purchasing an additional 66,013 shares during the quarter. Jones Financial Companies Lllp owned about 1.09% of Capital Group Core Bond ETF worth $2,562,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Private Trust Co. NA bought a new stake in shares of Capital Group Core Bond ETF in the 3rd quarter valued at about $46,000. Allworth Financial LP acquired a new position in Capital Group Core Bond ETF during the fourth quarter valued at approximately $53,000. Morgan Dempsey Capital Management LLC bought a new stake in Capital Group Core Bond ETF in the fourth quarter valued at approximately $60,000. Barrett & Company Inc. raised its holdings in Capital Group Core Bond ETF by 916.7% in the fourth quarter. Barrett & Company Inc. now owns 3,050 shares of the company’s stock worth $79,000 after purchasing an additional 2,750 shares during the period. Finally, HHM Wealth Advisors LLC acquired a new stake in Capital Group Core Bond ETF in the fourth quarter worth $132,000.

Capital Group Core Bond ETF Price Performance

Shares of CGCB stock opened at $26.23 on Thursday. Capital Group Core Bond ETF has a 12-month low of $25.21 and a 12-month high of $27.24. The firm has a fifty day moving average of $25.90 and a 200-day moving average of $26.29.

Capital Group Core Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were paid a $0.072 dividend. The ex-dividend date of this dividend was Friday, January 31st.

Capital Group Core Bond ETF 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.