Capital Group Core Balanced ETF $CGBL Shares Bought by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. grew its holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 124.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 186,068 shares of the company’s stock after purchasing an additional 102,986 shares during the period. Stratos Wealth Partners LTD. owned approximately 0.17% of Capital Group Core Balanced ETF worth $6,460,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of CGBL. NWF Advisory Services Inc. lifted its position in Capital Group Core Balanced ETF by 1.7% in the second quarter. NWF Advisory Services Inc. now owns 18,124 shares of the company’s stock valued at $606,000 after buying an additional 309 shares during the last quarter. Vermillion & White Wealth Management Group LLC lifted its holdings in shares of Capital Group Core Balanced ETF by 4.1% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 8,120 shares of the company’s stock worth $272,000 after acquiring an additional 319 shares during the last quarter. Allworth Financial LP lifted its holdings in shares of Capital Group Core Balanced ETF by 9.1% in the 2nd quarter. Allworth Financial LP now owns 4,666 shares of the company’s stock worth $156,000 after acquiring an additional 390 shares during the last quarter. Bridgewealth Advisory Group LLC boosted its position in shares of Capital Group Core Balanced ETF by 3.5% during the 3rd quarter. Bridgewealth Advisory Group LLC now owns 17,209 shares of the company’s stock worth $598,000 after purchasing an additional 578 shares during the period. Finally, KPP Advisory Services LLC increased its holdings in Capital Group Core Balanced ETF by 3.4% in the 3rd quarter. KPP Advisory Services LLC now owns 18,128 shares of the company’s stock valued at $629,000 after purchasing an additional 595 shares during the last quarter.

Capital Group Core Balanced ETF Stock Down 0.8%

NYSEARCA:CGBL opened at $36.13 on Friday. The stock’s fifty day moving average is $35.87 and its two-hundred day moving average is $34.99. Capital Group Core Balanced ETF has a 52 week low of $28.22 and a 52 week high of $36.63. The stock has a market capitalization of $4.88 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 announced a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were paid a dividend of $0.2251 per share. This represents a $0.90 annualized dividend and a yield of 2.5%. 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.

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