Capital Group Core Balanced ETF (NYSEARCA:CGBL) Shares Acquired by Mariner LLC

Mariner LLC lifted its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 110.7% during the fourth quarter, Holdings Channel reports. The firm owned 440,641 shares of the company’s stock after purchasing an additional 231,494 shares during the quarter. Mariner LLC’s holdings in Capital Group Core Balanced ETF were worth $13,779,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of CGBL. Financial Advocates Investment Management increased its stake in Capital Group Core Balanced ETF by 3.0% in the 4th quarter. Financial Advocates Investment Management now owns 15,234 shares of the company’s stock worth $476,000 after purchasing an additional 440 shares in the last quarter. Lodestone Wealth Management LLC boosted its holdings in shares of Capital Group Core Balanced ETF by 5.9% in the fourth quarter. Lodestone Wealth Management LLC now owns 9,858 shares of the company’s stock worth $308,000 after buying an additional 549 shares during the period. Advisor OS LLC increased its position in shares of Capital Group Core Balanced ETF by 4.0% in the fourth quarter. Advisor OS LLC now owns 15,790 shares of the company’s stock worth $494,000 after acquiring an additional 612 shares in the last quarter. Davies Financial Advisors Inc. increased its position in shares of Capital Group Core Balanced ETF by 1.3% in the fourth quarter. Davies Financial Advisors Inc. now owns 58,906 shares of the company’s stock worth $1,842,000 after acquiring an additional 780 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Capital Group Core Balanced ETF by 39.8% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,382 shares of the company’s stock valued at $106,000 after acquiring an additional 962 shares during the period.

Capital Group Core Balanced ETF Stock Performance

Capital Group Core Balanced ETF stock opened at $29.92 on Friday. The company has a 50 day moving average price of $31.15 and a 200 day moving average price of $31.47. Capital Group Core Balanced ETF has a 52 week low of $27.94 and a 52 week high of $32.65. The firm has a market capitalization of $1.80 billion, a price-to-earnings ratio of 23.63 and a beta of 0.76.

Capital Group Core Balanced ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 31st were issued a dividend of $0.1232 per share. The ex-dividend date of this dividend was Monday, March 31st.

Capital Group Core Balanced ETF Profile

The Capital Group Core Balanced ETF (CGBL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that offers a balanced approach to total return and capital preservation. The fund employs an active asset allocation strategy to invest in equities, debts, money market instruments, and cash.