Jane Street Group LLC Reduces Holdings in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Jane Street Group LLC reduced its stake in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 75.3% during the third quarter, Holdings Channel.com reports. The firm owned 29,023 shares of the company’s stock after selling 88,391 shares during the period. Jane Street Group LLC’s holdings in Capital Group Core Bond ETF were worth $782,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Commonwealth Equity Services LLC increased its position in shares of Capital Group Core Bond ETF by 149.6% in the second quarter. Commonwealth Equity Services LLC now owns 142,946 shares of the company’s stock valued at $3,691,000 after acquiring an additional 85,670 shares during the period. FineMark National Bank & Trust purchased a new position in Capital Group Core Bond ETF during the 2nd quarter valued at about $254,000. Private Advisor Group LLC raised its position in Capital Group Core Bond ETF by 58.8% during the 2nd quarter. Private Advisor Group LLC now owns 30,828 shares of the company’s stock valued at $796,000 after purchasing an additional 11,417 shares during the last quarter. Cullen Frost Bankers Inc. purchased a new stake in Capital Group Core Bond ETF in the 2nd quarter worth approximately $636,000. Finally, Envestnet Asset Management Inc. grew its position in shares of Capital Group Core Bond ETF by 426.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 897,994 shares of the company’s stock worth $23,186,000 after buying an additional 727,447 shares during the last quarter.

Capital Group Core Bond ETF Price Performance

CGCB opened at $25.79 on Friday. The stock’s 50 day moving average price is $26.09 and its 200-day moving average price is $26.39. Capital Group Core Bond ETF has a 52-week low of $25.21 and a 52-week high of $27.24.

Capital Group Core Bond ETF Cuts Dividend

The business also recently disclosed 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 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.