Kingsview Wealth Management LLC Buys 88,781 Shares of Capital Group Core Bond ETF (NYSEARCA:CGCB)

Kingsview Wealth Management LLC grew its stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 95.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 181,793 shares of the company’s stock after acquiring an additional 88,781 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Capital Group Core Bond ETF were worth $4,899,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Smith Thornton Advisors LLC purchased a new position in shares of Capital Group Core Bond ETF in the second quarter worth $633,000. Dynamic Advisor Solutions LLC purchased a new position in shares of Capital Group Core Bond ETF in the second quarter worth $3,587,000. Envestnet Asset Management Inc. raised its stake in shares of Capital Group Core Bond ETF by 426.5% in the second quarter. Envestnet Asset Management Inc. now owns 897,994 shares of the company’s stock worth $23,186,000 after purchasing an additional 727,447 shares during the last quarter. Private Advisor Group LLC raised its stake in shares of Capital Group Core Bond ETF by 58.8% in the second quarter. Private Advisor Group LLC now owns 30,828 shares of the company’s stock worth $796,000 after purchasing an additional 11,417 shares during the last quarter. Finally, Rothschild Investment LLC purchased a new position in shares of Capital Group Core Bond ETF in the second quarter worth $451,000.

Capital Group Core Bond ETF Stock Performance

CGCB stock opened at $26.04 on Friday. Capital Group Core Bond ETF has a 1-year low of $25.21 and a 1-year high of $27.24. The business has a fifty day moving average price of $26.50 and a 200-day moving average price of $26.33.

Capital Group Core Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 27th were given a dividend of $0.0849 per share. The ex-dividend date of this dividend was Friday, September 27th.

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.