Smartleaf Asset Management LLC Buys 26,430 Shares of Capital Group Core Bond ETF (NYSEARCA:CGCB)

Smartleaf Asset Management LLC increased its stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) by 20.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 154,464 shares of the company’s stock after buying an additional 26,430 shares during the quarter. Smartleaf Asset Management LLC owned 1.70% of Capital Group Core Bond ETF worth $3,985,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Private Trust Co. NA bought a new position in Capital Group Core Bond ETF in the 3rd quarter valued at $46,000. Allworth Financial LP bought a new position in Capital Group Core Bond ETF in the 4th quarter valued at $53,000. Morgan Dempsey Capital Management LLC bought a new position in Capital Group Core Bond ETF in the 4th quarter valued at $60,000. Creative Financial Designs Inc. ADV grew 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 valued at $69,000 after purchasing an additional 2,314 shares during the period. Finally, Barrett & Company Inc. grew 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 valued at $79,000 after purchasing an additional 2,750 shares during the period.

Capital Group Core Bond ETF Stock Up 0.1 %

Shares of NYSEARCA CGCB opened at $26.36 on Friday. Capital Group Core Bond ETF has a one year low of $25.21 and a one year high of $27.24. The business’s fifty day moving average price is $25.87 and its 200-day moving average price is $26.30.

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 given a dividend of $0.072 per share. The ex-dividend date of this dividend 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.