VestGen Advisors LLC Has $9.27 Million Holdings in Capital Group Core Balanced ETF $CGBL

VestGen Advisors LLC grew its position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 5.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 277,245 shares of the company’s stock after acquiring an additional 13,572 shares during the quarter. VestGen Advisors LLC owned about 0.34% of Capital Group Core Balanced ETF worth $9,271,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Opal Wealth Advisors LLC grew its position in Capital Group Core Balanced ETF by 106.9% in the 2nd quarter. Opal Wealth Advisors LLC now owns 1,372 shares of the company’s stock valued at $46,000 after purchasing an additional 709 shares during the period. Strategic Investment Solutions Inc. IL bought a new position in shares of Capital Group Core Balanced ETF in the first quarter valued at $75,000. Allworth Financial LP grew its holdings in shares of Capital Group Core Balanced ETF by 9.1% during the second quarter. Allworth Financial LP now owns 4,666 shares of the company’s stock valued at $156,000 after buying an additional 390 shares during the last quarter. Financial Perspectives Inc grew its holdings in shares of Capital Group Core Balanced ETF by 225.9% during the second quarter. Financial Perspectives Inc now owns 5,821 shares of the company’s stock valued at $195,000 after buying an additional 4,035 shares during the last quarter. Finally, Savvy Advisors Inc. bought a new stake in shares of Capital Group Core Balanced ETF during the second quarter worth about $203,000.

Capital Group Core Balanced ETF Price Performance

CGBL opened at $35.29 on Friday. Capital Group Core Balanced ETF has a fifty-two week low of $28.22 and a fifty-two week high of $35.42. The firm has a market capitalization of $3.83 billion, a PE ratio of 25.37 and a beta of 0.69. The company’s 50-day moving average is $34.80 and its 200 day moving average is $33.90.

Capital Group Core Balanced ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Tuesday, September 30th were paid a $0.1857 dividend. This represents a $0.74 annualized dividend and a dividend yield of 2.1%. This is a boost from Capital Group Core Balanced ETF’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Tuesday, September 30th.

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.