Concourse Financial Group Securities Inc. Has $1.78 Million Stock Position in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Concourse Financial Group Securities Inc. raised its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 21.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 55,404 shares of the company’s stock after buying an additional 9,756 shares during the period. Concourse Financial Group Securities Inc. owned 0.39% of Capital Group Core Balanced ETF worth $1,776,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Creative Financial Designs Inc. ADV bought a new stake in Capital Group Core Balanced ETF during the 4th quarter worth approximately $41,000. Global Retirement Partners LLC grew its holdings in shares of Capital Group Core Balanced ETF by 420.8% during the fourth quarter. Global Retirement Partners LLC now owns 2,484 shares of the company’s stock worth $78,000 after purchasing an additional 2,007 shares during the last quarter. Allworth Financial LP acquired a new stake in shares of Capital Group Core Balanced ETF in the fourth quarter valued at $105,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Capital Group Core Balanced ETF by 39.8% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,382 shares of the company’s stock valued at $106,000 after buying an additional 962 shares during the last quarter. Finally, Tudor Financial Inc. acquired a new position in Capital Group Core Balanced ETF during the 4th quarter worth about $202,000.

Capital Group Core Balanced ETF Trading Down 0.1 %

CGBL opened at $29.92 on Friday. Capital Group Core Balanced ETF has a 1-year low of $27.94 and a 1-year high of $32.65. The stock has a market capitalization of $1.80 billion, a PE ratio of 23.63 and a beta of 0.76. The firm has a 50-day moving average price of $31.11 and a two-hundred day moving average price of $31.46.

Capital Group Core Balanced ETF Announces Dividend

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