Synergy Investment Management LLC Takes $309,000 Position in Capital Group Core Bond ETF (NYSEARCA:CGCB)

Synergy Investment Management LLC purchased a new position in shares of Capital Group Core Bond ETF (NYSEARCA:CGCB) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,995 shares of the company’s stock, valued at approximately $309,000.

A number of other large investors have also added to or reduced their stakes in the stock. Private Trust Co. NA bought a new stake in shares of Capital Group Core Bond ETF during the 3rd quarter valued at $46,000. Allworth Financial LP bought a new stake in Capital Group Core Bond ETF during the fourth quarter worth about $53,000. Morgan Dempsey Capital Management LLC acquired a new stake in Capital Group Core Bond ETF during the fourth quarter worth about $60,000. Creative Financial Designs Inc. ADV grew its stake in Capital Group Core Bond ETF by 993.1% during the third quarter. Creative Financial Designs Inc. ADV now owns 2,547 shares of the company’s stock worth $69,000 after buying an additional 2,314 shares in the last quarter. Finally, Barrett & Company Inc. increased its holdings in Capital Group Core Bond ETF by 916.7% in the 4th quarter. Barrett & Company Inc. now owns 3,050 shares of the company’s stock valued at $79,000 after buying an additional 2,750 shares during the period.

Capital Group Core Bond ETF Stock Up 0.2 %

Shares of Capital Group Core Bond ETF stock opened at $26.41 on Tuesday. The company has a 50 day moving average of $25.88 and a 200-day moving average of $26.30. Capital Group Core Bond ETF has a 1-year low of $25.21 and a 1-year high of $27.24.

Capital Group Core Bond ETF Cuts Dividend

The firm also recently announced 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 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.