Morgan Dempsey Capital Management LLC Buys New Shares in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Morgan Dempsey Capital Management LLC bought a new stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,317 shares of the company’s stock, valued at approximately $60,000.

A number of other large investors also recently modified their holdings of CGCB. Private Trust Co. NA purchased a new stake in Capital Group Core Bond ETF in the 3rd quarter worth $46,000. Allworth Financial LP purchased a new stake in Capital Group Core Bond ETF in the 4th quarter worth $53,000. Creative Financial Designs Inc. ADV lifted its stake 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 worth $69,000 after purchasing an additional 2,314 shares in the last quarter. Barrett & Company Inc. lifted its stake 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 worth $79,000 after purchasing an additional 2,750 shares in the last quarter. Finally, HHM Wealth Advisors LLC purchased a new stake in Capital Group Core Bond ETF in the 4th quarter worth $132,000.

Capital Group Core Bond ETF Trading Up 0.1 %

Shares of CGCB stock opened at $26.36 on Friday. Capital Group Core Bond ETF has a 52 week low of $25.21 and a 52 week high of $27.24. The company’s fifty day simple moving average is $25.87 and its two-hundred day simple moving average is $26.30.

Capital Group Core Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, February 3rd. Stockholders of record on Friday, January 31st were issued a $0.072 dividend. 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.