Capital Group Core Balanced ETF $CGBL Shares Purchased by Cwm LLC

Cwm LLC increased its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 208.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,207,565 shares of the company’s stock after purchasing an additional 1,492,252 shares during the period. Cwm LLC’s holdings in Capital Group Core Balanced ETF were worth $73,821,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Dynamic Advisor Solutions LLC raised its position in shares of Capital Group Core Balanced ETF by 8.0% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 8,407 shares of the company’s stock worth $260,000 after purchasing an additional 623 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of Capital Group Core Balanced ETF by 9.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,737,175 shares of the company’s stock worth $53,818,000 after purchasing an additional 144,531 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in Capital Group Core Balanced ETF by 43.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 183,101 shares of the company’s stock valued at $5,672,000 after acquiring an additional 55,226 shares in the last quarter. KWB Wealth grew its stake in Capital Group Core Balanced ETF by 68.0% during the 2nd quarter. KWB Wealth now owns 232,371 shares of the company’s stock valued at $7,199,000 after acquiring an additional 94,064 shares in the last quarter. Finally, Modern Wealth Management LLC grew its stake in Capital Group Core Balanced ETF by 15.0% during the 1st quarter. Modern Wealth Management LLC now owns 9,520 shares of the company’s stock valued at $295,000 after acquiring an additional 1,240 shares in the last quarter.

Capital Group Core Balanced ETF Trading Down 1.4%

Shares of NYSEARCA CGBL opened at $34.29 on Friday. Capital Group Core Balanced ETF has a 12-month low of $28.22 and a 12-month high of $35.08. The stock has a market cap of $3.53 billion, a PE ratio of 25.37 and a beta of 0.76. The company has a 50-day moving average of $34.37 and a 200 day moving average of $32.84.

Capital Group Core Balanced ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were paid a dividend of $0.1857 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.74 annualized dividend and a yield of 2.2%. This is a boost from Capital Group Core Balanced ETF’s previous quarterly dividend of $0.16.

About Capital Group Core Balanced ETF

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.