Raymond James Financial Inc. Purchases Shares of 744,757 Capital Group Core Bond ETF (NYSEARCA:CGCB)

Raymond James Financial Inc. purchased a new stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 744,757 shares of the company’s stock, valued at approximately $19,207,000. Raymond James Financial Inc. owned approximately 8.18% of Capital Group Core Bond ETF at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Private Trust Co. NA purchased a new position in shares of Capital Group Core Bond ETF in the third quarter worth $46,000. Allworth Financial LP purchased a new position in shares of Capital Group Core Bond ETF in the fourth quarter worth $53,000. Morgan Dempsey Capital Management LLC purchased a new position in shares of Capital Group Core Bond ETF in the fourth quarter worth $60,000. Barrett & Company Inc. lifted its holdings in shares of Capital Group Core Bond ETF by 916.7% in the fourth quarter. Barrett & Company Inc. now owns 3,050 shares of the company’s stock worth $79,000 after buying an additional 2,750 shares in the last quarter. Finally, HHM Wealth Advisors LLC purchased a new position in shares of Capital Group Core Bond ETF in the fourth quarter worth $132,000.

Capital Group Core Bond ETF Price Performance

CGCB stock opened at $26.17 on Monday. The company’s fifty day moving average price is $25.97 and its 200-day moving average price is $26.26. Capital Group Core Bond ETF has a one year low of $25.21 and a one year high of $27.24.

Capital Group Core Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, February 3rd. Shareholders 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.