Armstrong Fleming & Moore Inc Buys New Stake in Capital Group Core Balanced ETF $CGBL

Armstrong Fleming & Moore Inc bought a new stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 15,918 shares of the company’s stock, valued at approximately $532,000.

Other large investors have also recently bought and sold shares of the company. Dynamic Advisor Solutions LLC boosted its stake in Capital Group Core Balanced ETF by 8.0% in the first quarter. Dynamic Advisor Solutions LLC now owns 8,407 shares of the company’s stock valued at $260,000 after acquiring an additional 623 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Capital Group Core Balanced ETF by 9.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,737,175 shares of the company’s stock valued at $53,818,000 after acquiring an additional 144,531 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in Capital Group Core Balanced ETF by 43.2% in the first 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 boosted its stake in Capital Group Core Balanced ETF by 68.0% in the second 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 boosted its stake in Capital Group Core Balanced ETF by 15.0% in the first 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 Price Performance

NYSEARCA CGBL opened at $34.99 on Thursday. Capital Group Core Balanced ETF has a 1 year low of $28.22 and a 1 year high of $35.08. The company has a market capitalization of $3.52 billion, a PE ratio of 25.37 and a beta of 0.76. The company has a fifty day moving average of $34.33 and a two-hundred day moving average of $32.79.

Capital Group Core Balanced ETF Increases Dividend

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

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.