JPMorgan Chase & Co. Takes $330,000 Position in Capital Group Core Bond ETF (NYSEARCA:CGCB)

JPMorgan Chase & Co. bought a new stake in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) during the 3rd quarter, according to its most recent filing with the SEC. The firm bought 12,228 shares of the company’s stock, valued at approximately $330,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Private Trust Co. NA acquired a new stake in shares of Capital Group Core Bond ETF during the third quarter valued at about $46,000. Creative Financial Designs Inc. ADV increased its holdings in Capital Group Core Bond ETF by 993.1% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,547 shares of the company’s stock worth $69,000 after purchasing an additional 2,314 shares during the last quarter. Armstrong Fleming & Moore Inc acquired a new position in shares of Capital Group Core Bond ETF in the 3rd quarter valued at approximately $205,000. Kovack Advisors Inc. acquired a new position in shares of Capital Group Core Bond ETF in the 3rd quarter valued at approximately $216,000. Finally, Cyndeo Wealth Partners LLC purchased a new position in shares of Capital Group Core Bond ETF during the 3rd quarter valued at approximately $276,000.

Capital Group Core Bond ETF Price Performance

CGCB opened at $25.96 on Friday. Capital Group Core Bond ETF has a 1-year low of $25.21 and a 1-year high of $27.24. The company has a 50-day moving average of $25.95 and a 200-day moving average of $26.36.

Capital Group Core Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, December 2nd. Investors 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 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.