Harbor Investment Advisory LLC Has $419,000 Stock Position in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Harbor Investment Advisory LLC grew its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 602.4% in the 4th quarter, HoldingsChannel reports. The fund owned 16,260 shares of the company’s stock after purchasing an additional 13,945 shares during the quarter. Harbor Investment Advisory LLC’s holdings in Capital Group Core Bond ETF were worth $419,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in CGCB. Advance Capital Management Inc. lifted its holdings in Capital Group Core Bond ETF by 46.1% during the 3rd quarter. Advance Capital Management Inc. now owns 18,551,789 shares of the company’s stock worth $499,971,000 after purchasing an additional 5,850,199 shares during the last quarter. Stifel Financial Corp lifted its holdings in shares of Capital Group Core Bond ETF by 344.1% during the third quarter. Stifel Financial Corp now owns 1,138,282 shares of the company’s stock worth $30,677,000 after buying an additional 881,968 shares in the last quarter. American Financial Advisors LLC boosted its position in shares of Capital Group Core Bond ETF by 5.6% in the third quarter. American Financial Advisors LLC now owns 875,459 shares of the company’s stock valued at $23,594,000 after acquiring an additional 46,380 shares during the period. Valmark Advisers Inc. grew its stake in shares of Capital Group Core Bond ETF by 4.8% in the third quarter. Valmark Advisers Inc. now owns 804,333 shares of the company’s stock valued at $21,677,000 after acquiring an additional 36,641 shares in the last quarter. Finally, Stephens Inc. AR increased its position in Capital Group Core Bond ETF by 0.7% during the third quarter. Stephens Inc. AR now owns 543,776 shares of the company’s stock worth $14,655,000 after acquiring an additional 3,927 shares during the period.

Capital Group Core Bond ETF Trading Up 0.3 %

Shares of Capital Group Core Bond ETF stock opened at $25.86 on Wednesday. The company has a 50-day simple moving average of $25.97 and a two-hundred day simple moving average of $26.37. 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 business also recently declared a dividend, which was paid on Monday, December 2nd. Investors of record on Friday, November 29th were paid a $0.084 dividend. The ex-dividend date of this dividend was Friday, November 29th.

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.