Kingsview Wealth Management LLC Buys 37,503 Shares of Capital Group Core Bond ETF (NYSEARCA:CGCB)

Kingsview Wealth Management LLC increased its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 20.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 219,296 shares of the company’s stock after acquiring an additional 37,503 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Capital Group Core Bond ETF were worth $5,656,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Private Trust Co. NA bought a new stake in Capital Group Core Bond ETF in the 3rd quarter valued at about $46,000. Creative Financial Designs Inc. ADV boosted its holdings 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 purchasing an additional 2,314 shares during the period. Barrett & Company Inc. boosted its holdings in Capital Group Core Bond ETF by 916.7% in the 4th quarter. Barrett & Company Inc. now owns 3,050 shares of the company’s stock valued at $79,000 after purchasing an additional 2,750 shares during the period. HHM Wealth Advisors LLC bought a new stake in Capital Group Core Bond ETF in the 4th quarter valued at about $132,000. Finally, Armstrong Fleming & Moore Inc bought a new stake in Capital Group Core Bond ETF in the 3rd quarter valued at about $205,000.

Capital Group Core Bond ETF Stock Down 0.2 %

Shares of Capital Group Core Bond ETF stock opened at $25.96 on Friday. The company has a 50 day moving average of $25.91 and a 200-day moving average of $26.34. 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 declared a dividend, which was paid on Monday, February 3rd. Stockholders of record on Friday, January 31st were issued a dividend of $0.072 per share. The ex-dividend date 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.