Cary Street Partners Financial LLC Purchases New Stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Cary Street Partners Financial LLC acquired a new position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 7,451 shares of the company’s stock, valued at approximately $233,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Benjamin Edwards Inc. raised its holdings in shares of Capital Group Core Balanced ETF by 58.1% in the 4th quarter. Benjamin Edwards Inc. now owns 141,056 shares of the company’s stock worth $4,411,000 after purchasing an additional 51,849 shares during the period. Comerica Bank raised its stake in shares of Capital Group Core Balanced ETF by 23.5% in the fourth quarter. Comerica Bank now owns 64,223 shares of the company’s stock valued at $2,008,000 after buying an additional 12,209 shares during the period. Bridgewealth Advisory Group LLC lifted its position in shares of Capital Group Core Balanced ETF by 15.3% during the 4th quarter. Bridgewealth Advisory Group LLC now owns 16,006 shares of the company’s stock valued at $520,000 after buying an additional 2,124 shares during the last quarter. Owen LaRue LLC grew its stake in shares of Capital Group Core Balanced ETF by 105.1% during the 4th quarter. Owen LaRue LLC now owns 63,275 shares of the company’s stock worth $1,979,000 after acquiring an additional 32,425 shares during the period. Finally, Gerber Kawasaki Wealth & Investment Management increased its holdings in Capital Group Core Balanced ETF by 83.2% in the 4th quarter. Gerber Kawasaki Wealth & Investment Management now owns 59,087 shares of the company’s stock worth $1,848,000 after acquiring an additional 26,837 shares during the last quarter.

Capital Group Core Balanced ETF Stock Down 0.1 %

NYSEARCA CGBL opened at $31.23 on Friday. The company has a market cap of $2.00 billion, a PE ratio of 25.83 and a beta of 0.76. Capital Group Core Balanced ETF has a 52 week low of $28.22 and a 52 week high of $32.65. The firm’s 50-day simple moving average is $30.70 and its two-hundred day simple moving average is $31.41.

Capital Group Core Balanced ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 31st were issued a $0.1232 dividend. The ex-dividend date of this dividend was Monday, March 31st.

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.