Kintra Wealth LLC Purchases 92,977 Shares of Capital Group Core Balanced ETF $CGBL

Kintra Wealth LLC raised its holdings in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 86.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 200,753 shares of the company’s stock after purchasing an additional 92,977 shares during the period. Kintra Wealth LLC owned 0.10% of Capital Group Core Balanced ETF worth $7,743,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. NewEdge Advisors LLC raised its stake in shares of Capital Group Core Balanced ETF by 70.1% during the first quarter. NewEdge Advisors LLC now owns 33,942 shares of the company’s stock worth $1,052,000 after buying an additional 13,986 shares during the last quarter. Jane Street Group LLC boosted its stake in Capital Group Core Balanced ETF by 25.4% in the first quarter. Jane Street Group LLC now owns 281,274 shares of the company’s stock valued at $8,714,000 after acquiring an additional 57,029 shares during the last quarter. Creative Planning acquired a new stake in Capital Group Core Balanced ETF during the 2nd quarter worth $218,000. JPMorgan Chase & Co. acquired a new stake in Capital Group Core Balanced ETF during the 2nd quarter worth $269,000. Finally, Diversify Wealth Management LLC raised its position in shares of Capital Group Core Balanced ETF by 14.0% during the 2nd quarter. Diversify Wealth Management LLC now owns 11,911 shares of the company’s stock valued at $405,000 after acquiring an additional 1,467 shares during the last quarter.

Capital Group Core Balanced ETF Stock Down 0.1%

CGBL stock opened at $38.12 on Friday. The business’s fifty day moving average is $37.83 and its 200-day moving average is $36.92. The company has a market cap of $7.37 billion, a P/E ratio of 25.37 and a beta of 0.69. Capital Group Core Balanced ETF has a twelve month low of $33.67 and a twelve month high of $38.68.

Capital Group Core Balanced ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were paid a dividend of $0.1634 per share. This represents a $0.65 dividend on an annualized basis and a dividend yield of 1.7%. This is a boost from Capital Group Core Balanced ETF’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Tuesday, June 30th.

Capital Group Core Balanced ETF Company 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. CGBL was launched on Sep 26, 2023 and is issued by Capital Group.