Envestnet Asset Management Inc. Acquires 727,447 Shares of Capital Group Core Bond ETF (NYSEARCA:CGCB)

Envestnet Asset Management Inc. boosted its holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 426.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 897,994 shares of the company’s stock after buying an additional 727,447 shares during the period. Envestnet Asset Management Inc. owned approximately 9.87% of Capital Group Core Bond ETF worth $23,186,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of CGCB. Advance Capital Management Inc. acquired a new stake in shares of Capital Group Core Bond ETF during the 2nd quarter worth approximately $327,955,000. American Financial Advisors LLC grew its holdings in shares of Capital Group Core Bond ETF by 1,115.2% during the 2nd quarter. American Financial Advisors LLC now owns 829,079 shares of the company’s stock worth $21,407,000 after purchasing an additional 760,852 shares in the last quarter. Osaic Holdings Inc. grew its holdings in shares of Capital Group Core Bond ETF by 161.1% during the 1st quarter. Osaic Holdings Inc. now owns 288,864 shares of the company’s stock worth $7,508,000 after purchasing an additional 178,221 shares in the last quarter. Dynamic Advisor Solutions LLC acquired a new stake in shares of Capital Group Core Bond ETF during the 2nd quarter worth approximately $3,587,000. Finally, Concurrent Investment Advisors LLC acquired a new stake in shares of Capital Group Core Bond ETF during the 2nd quarter worth approximately $3,176,000.

Capital Group Core Bond ETF Price Performance

Shares of NYSEARCA:CGCB opened at $27.08 on Monday. The business’s 50 day moving average is $26.69 and its 200-day moving average is $26.11. Capital Group Core Bond ETF has a 1-year low of $24.42 and a 1-year high of $27.24.

Capital Group Core Bond ETF Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, August 1st. Investors of record on Wednesday, July 31st were paid a $0.1051 dividend. The ex-dividend date of this dividend was Wednesday, July 31st.

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.