Strategic Blueprint LLC Purchases 25,692 Shares of Capital Group Core Balanced ETF $CGBL

Strategic Blueprint LLC increased its holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 19.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 157,526 shares of the company’s stock after purchasing an additional 25,692 shares during the quarter. Strategic Blueprint LLC owned approximately 0.15% of Capital Group Core Balanced ETF worth $5,469,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the business. Advance Capital Management Inc. lifted its holdings in Capital Group Core Balanced ETF by 242.6% in the 3rd quarter. Advance Capital Management Inc. now owns 9,275,964 shares of the company’s stock worth $322,061,000 after buying an additional 6,568,560 shares during the period. CWM LLC lifted its stake in Capital Group Core Balanced ETF by 208.6% in the second quarter. CWM LLC now owns 2,207,565 shares of the company’s stock worth $73,821,000 after acquiring an additional 1,492,252 shares during the period. Envestnet Asset Management Inc. boosted its holdings in Capital Group Core Balanced ETF by 31.6% in the second quarter. Envestnet Asset Management Inc. now owns 4,140,219 shares of the company’s stock valued at $138,449,000 after acquiring an additional 993,022 shares in the last quarter. Raymond James Financial Inc. increased its position in Capital Group Core Balanced ETF by 75.6% during the 2nd quarter. Raymond James Financial Inc. now owns 1,838,766 shares of the company’s stock valued at $61,488,000 after purchasing an additional 791,376 shares during the period. Finally, B. Riley Wealth Advisors Inc. bought a new position in Capital Group Core Balanced ETF in the 2nd quarter worth $12,843,000.

Capital Group Core Balanced ETF Trading Up 0.7%

NYSEARCA:CGBL opened at $36.04 on Wednesday. Capital Group Core Balanced ETF has a 12 month low of $28.22 and a 12 month high of $36.04. The company has a 50-day moving average price of $35.10 and a 200-day moving average price of $34.51. The stock has a market cap of $4.50 billion, a price-to-earnings ratio of 25.37 and a beta of 0.69.

Capital Group Core Balanced ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were paid a $0.2251 dividend. The ex-dividend date of this dividend was Friday, December 26th. This is a positive change from Capital Group Core Balanced ETF’s previous quarterly dividend of $0.19. This represents a $0.90 annualized dividend and a yield of 2.5%.

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. CGBL was launched on Sep 26, 2023 and is issued by Capital Group.