Truist Financial Corp Takes Position in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Truist Financial Corp acquired a new stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 35,726 shares of the company’s stock, valued at approximately $921,000. Truist Financial Corp owned 0.39% of Capital Group Core Bond ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. GPS Wealth Strategies Group LLC lifted its holdings in shares of Capital Group Core Bond ETF by 2.5% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 29,689 shares of the company’s stock valued at $766,000 after buying an additional 732 shares during the period. Sigma Planning Corp lifted its holdings in shares of Capital Group Core Bond ETF by 3.9% in the 3rd quarter. Sigma Planning Corp now owns 27,113 shares of the company’s stock valued at $731,000 after buying an additional 1,018 shares during the period. CWS Financial Advisors LLC lifted its holdings in shares of Capital Group Core Bond ETF by 18.4% in the 3rd quarter. CWS Financial Advisors LLC now owns 10,746 shares of the company’s stock valued at $290,000 after buying an additional 1,667 shares during the period. Private Trust Co. NA acquired a new position in Capital Group Core Bond ETF in the 3rd quarter worth about $46,000. Finally, Allworth Financial LP acquired a new position in Capital Group Core Bond ETF in the 4th quarter worth about $53,000.

Capital Group Core Bond ETF Stock Up 0.1 %

NYSEARCA CGCB opened at $26.36 on Friday. The stock has a 50-day moving average of $25.87 and a 200 day moving average of $26.30. Capital Group Core Bond ETF has a twelve month low of $25.21 and a twelve month high of $27.24.

Capital Group Core Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were paid a dividend of $0.072 per share. The ex-dividend date was Friday, January 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.