Capital Group Core Bond ETF Plans Monthly Dividend of $0.07 (NYSEARCA:CGCB)

by · The Markets Daily

Capital Group Core Bond ETF (NYSEARCA:CGCB – Get Free Report) announced a monthly dividend on Thursday, January 29th. Shareholders of record on Friday, January 30th will be given a dividend of 0.069 per share on Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date is Friday, January 30th.

Capital Group Core Bond ETF Trading Down 0.4%

Shares of Capital Group Core Bond ETF stock traded down $0.10 during trading hours on Friday, reaching $26.50. 375,238 shares of the company’s stock were exchanged, compared to its average volume of 1,261,869. Capital Group Core Bond ETF has a 52-week low of $25.57 and a 52-week high of $26.91. The company has a fifty day moving average of $26.58 and a 200-day moving average of $26.54.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. IFP Advisors Inc grew its holdings in Capital Group Core Bond ETF by 473.1% in the third quarter. IFP Advisors Inc now owns 1,066 shares of the company’s stock valued at $28,000 after purchasing an additional 880 shares during the period. Clearstead Trust LLC acquired a new position in shares of Capital Group Core Bond ETF in the 3rd quarter valued at $37,000. Huntington National Bank purchased a new stake in shares of Capital Group Core Bond ETF during the 3rd quarter valued at $54,000. EverSource Wealth Advisors LLC acquired a new stake in shares of Capital Group Core Bond ETF during the 3rd quarter worth $67,000. Finally, Private Trust Co. NA raised its position in shares of Capital Group Core Bond ETF by 133.2% in the 2nd quarter. Private Trust Co. NA now owns 3,964 shares of the company’s stock worth $104,000 after buying an additional 2,264 shares during the period.

About Capital Group Core Bond ETF

(Get Free Report)

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.

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