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

PFG Advisors boosted its holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 34.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,595 shares of the company’s stock after purchasing an additional 2,711 shares during the period. PFG Advisors owned about 0.12% of Capital Group Core Bond ETF worth $273,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in CGCB. Stifel Financial Corp grew its position in Capital Group Core Bond ETF by 344.1% in the third quarter. Stifel Financial Corp now owns 1,138,282 shares of the company’s stock valued at $30,677,000 after purchasing an additional 881,968 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Capital Group Core Bond ETF in the 4th quarter valued at about $19,207,000. Southern Style Financial Inc. bought a new position in shares of Capital Group Core Bond ETF in the 4th quarter valued at about $17,992,000. Regatta Capital Group LLC bought a new position in shares of Capital Group Core Bond ETF in the 4th quarter valued at about $16,532,000. Finally, Private Advisor Group LLC grew its position in shares of Capital Group Core Bond ETF by 384.5% in the 4th quarter. Private Advisor Group LLC now owns 770,576 shares of the company’s stock valued at $19,873,000 after acquiring an additional 611,522 shares during the period.

Capital Group Core Bond ETF Price Performance

Shares of CGCB opened at $26.17 on Friday. Capital Group Core Bond ETF has a one year low of $25.21 and a one year high of $27.24. The firm has a 50-day moving average of $25.97 and a 200-day moving average of $26.26.

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 paid 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.