IFP Advisors Inc Acquires 18,166 Shares of Capital Group Core Balanced ETF $CGBL

IFP Advisors Inc grew its holdings in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 5.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 347,015 shares of the company’s stock after buying an additional 18,166 shares during the period. IFP Advisors Inc’s holdings in Capital Group Core Balanced ETF were worth $13,173,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Parkside Financial Bank & Trust purchased a new stake in Capital Group Core Balanced ETF in the second quarter worth $33,000. Anchor Investment Management LLC purchased a new position in Capital Group Core Balanced ETF during the 1st quarter valued at $43,000. US Bancorp DE increased its position in Capital Group Core Balanced ETF by 204.6% during the 3rd quarter. US Bancorp DE now owns 1,645 shares of the company’s stock valued at $57,000 after purchasing an additional 1,105 shares during the period. Creative Financial Designs Inc. ADV raised its holdings in Capital Group Core Balanced ETF by 77.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,306 shares of the company’s stock worth $81,000 after purchasing an additional 1,006 shares in the last quarter. Finally, Godfrey Financial Associates Inc. bought a new position in Capital Group Core Balanced ETF in the 4th quarter worth $84,000.

Capital Group Core Balanced ETF Trading Down 0.2%

NYSEARCA:CGBL opened at $38.04 on Wednesday. The company has a 50-day moving average price of $37.84 and a 200-day moving average price of $36.95. The stock has a market cap of $7.35 billion, a price-to-earnings ratio of 25.37 and a beta of 0.69. Capital Group Core Balanced ETF has a 12 month low of $33.67 and a 12 month high of $38.68.

Capital Group Core Balanced ETF Increases Dividend

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

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.