PFG Advisors Acquires 2,711 Shares of Capital Group Core Bond ETF (NYSEARCA:CGCB)

PFG Advisors boosted its position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 34.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,595 shares of the company’s stock after acquiring an additional 2,711 shares during the period. PFG Advisors’ holdings in Capital Group Core Bond ETF were worth $273,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Stifel Financial Corp lifted its position in 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 valued at $30,677,000 after acquiring an additional 881,968 shares during the last quarter. American Financial Advisors LLC raised its holdings in shares of Capital Group Core Bond ETF by 3.9% in the fourth quarter. American Financial Advisors LLC now owns 909,806 shares of the company’s stock worth $23,464,000 after buying an additional 34,347 shares during the last quarter. Valmark Advisers Inc. raised its holdings in shares of Capital Group Core Bond ETF by 1.3% in the fourth quarter. Valmark Advisers Inc. now owns 814,995 shares of the company’s stock worth $21,019,000 after buying an additional 10,662 shares during the last quarter. Private Advisor Group LLC raised its holdings in shares of Capital Group Core Bond ETF by 384.5% in the fourth quarter. Private Advisor Group LLC now owns 770,576 shares of the company’s stock worth $19,873,000 after buying an additional 611,522 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of Capital Group Core Bond ETF in the fourth quarter worth $19,207,000.

Capital Group Core Bond ETF Stock Down 0.2 %

NYSEARCA CGCB opened at $26.17 on Friday. The company has a fifty day simple moving average of $25.97 and a two-hundred day simple moving average of $26.26. Capital Group Core Bond ETF has a 12-month low of $25.21 and a 12-month high of $27.24.

Capital Group Core Bond ETF Cuts Dividend

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