JPMorgan Chase & Co. Buys Shares of 12,228 Capital Group Core Bond ETF (NYSEARCA:CGCB)

JPMorgan Chase & Co. purchased a new position in Capital Group Core Bond ETF (NYSEARCA:CGCB) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 12,228 shares of the company’s stock, valued at approximately $330,000. JPMorgan Chase & Co. owned 0.13% of Capital Group Core Bond ETF at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Advance Capital Management Inc. lifted its position in shares of Capital Group Core Bond ETF by 46.1% in the third quarter. Advance Capital Management Inc. now owns 18,551,789 shares of the company’s stock valued at $499,971,000 after acquiring an additional 5,850,199 shares in the last quarter. Stifel Financial Corp raised its stake in Capital Group Core Bond ETF by 344.1% in the 3rd 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 during the last quarter. American Financial Advisors LLC lifted its holdings in Capital Group Core Bond ETF by 5.6% in the 3rd quarter. American Financial Advisors LLC now owns 875,459 shares of the company’s stock valued at $23,594,000 after purchasing an additional 46,380 shares in the last quarter. Valmark Advisers Inc. boosted its stake in shares of Capital Group Core Bond ETF by 4.8% during the 3rd quarter. Valmark Advisers Inc. now owns 804,333 shares of the company’s stock worth $21,677,000 after purchasing an additional 36,641 shares during the last quarter. Finally, Stephens Inc. AR grew its holdings in shares of Capital Group Core Bond ETF by 0.7% during the third quarter. Stephens Inc. AR now owns 543,776 shares of the company’s stock worth $14,655,000 after buying an additional 3,927 shares in the last quarter.

Capital Group Core Bond ETF Price Performance

Shares of NYSEARCA:CGCB opened at $25.96 on Friday. The stock’s 50-day moving average price is $25.95 and its two-hundred day moving average price is $26.36. 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 company also recently declared a dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 29th were given a dividend of $0.084 per share. The ex-dividend date was Friday, November 29th.

Capital Group Core Bond ETF Company 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.