6,402 Shares in Capital Group Core Balanced ETF $CGBL Bought by Simplicity Wealth LLC

Simplicity Wealth LLC acquired a new position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 6,402 shares of the company’s stock, valued at approximately $214,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CGBL. Opal Wealth Advisors LLC raised its holdings in Capital Group Core Balanced ETF by 106.9% during the second quarter. Opal Wealth Advisors LLC now owns 1,372 shares of the company’s stock worth $46,000 after purchasing an additional 709 shares during the last quarter. Financial Perspectives Inc purchased a new position in Capital Group Core Balanced ETF during the first quarter worth $55,000. Strategic Investment Solutions Inc. IL purchased a new position in Capital Group Core Balanced ETF during the first quarter worth $75,000. Allworth Financial LP increased its position in Capital Group Core Balanced ETF by 30.5% during the first quarter. Allworth Financial LP now owns 4,276 shares of the company’s stock worth $131,000 after buying an additional 1,000 shares in the last quarter. Finally, Sovran Advisors LLC purchased a new position in Capital Group Core Balanced ETF during the first quarter worth $201,000.

Capital Group Core Balanced ETF Stock Performance

Capital Group Core Balanced ETF stock opened at $34.99 on Thursday. The stock has a fifty day moving average of $34.33 and a two-hundred day moving average of $32.79. The company has a market capitalization of $3.52 billion, a price-to-earnings ratio of 25.37 and a beta of 0.76. Capital Group Core Balanced ETF has a fifty-two week low of $28.22 and a fifty-two week high of $35.08.

Capital Group Core Balanced ETF Increases Dividend

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

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.