Capital Group Core Balanced ETF $CGBL Shares Acquired by Smith Moore & CO.

Smith Moore & CO. increased its position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 23.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 153,168 shares of the company’s stock after acquiring an additional 29,236 shares during the quarter. Smith Moore & CO.’s holdings in Capital Group Core Balanced ETF were worth $5,122,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Opal Wealth Advisors LLC raised its stake 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 period. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Capital Group Core Balanced ETF during the 1st quarter valued at approximately $75,000. Allworth Financial LP raised its position in shares of Capital Group Core Balanced ETF by 9.1% during the 2nd 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 period. Financial Perspectives Inc lifted its holdings in Capital Group Core Balanced ETF by 225.9% in the second quarter. Financial Perspectives Inc now owns 5,821 shares of the company’s stock valued at $195,000 after acquiring an additional 4,035 shares during the last quarter. Finally, Savvy Advisors Inc. purchased a new position in Capital Group Core Balanced ETF in the second quarter worth approximately $203,000.

Capital Group Core Balanced ETF Stock Up 0.4%

CGBL stock opened at $35.29 on Monday. Capital Group Core Balanced ETF has a 52-week low of $28.22 and a 52-week high of $35.42. The stock has a market cap of $3.83 billion, a price-to-earnings ratio of 25.37 and a beta of 0.69. The business has a fifty day moving average of $34.80 and a two-hundred day moving average of $33.92.

Capital Group Core Balanced ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 30th were given a $0.1857 dividend. The ex-dividend date of this dividend 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%.

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.