33,173 Capital Group Core Balanced ETF $CGBL Shares Bought by Johnson Bixby & Associates LLC

Johnson Bixby & Associates LLC lifted its holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 9.7% during the third quarter, HoldingsChannel reports. The firm owned 375,569 shares of the company’s stock after purchasing an additional 33,173 shares during the period. Capital Group Core Balanced ETF comprises 1.5% of Johnson Bixby & Associates LLC’s investment portfolio, making the stock its 17th biggest position. Johnson Bixby & Associates LLC’s holdings in Capital Group Core Balanced ETF were worth $13,802,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Tempus Wealth Planning LLC grew its holdings in Capital Group Core Balanced ETF by 1.4% in the 3rd quarter. Tempus Wealth Planning LLC now owns 178,843 shares of the company’s stock valued at $6,572,000 after buying an additional 2,516 shares during the last quarter. Focus Financial Network Inc. increased its position in Capital Group Core Balanced ETF by 49.2% in the 3rd quarter. Focus Financial Network Inc. now owns 27,191 shares of the company’s stock worth $1,005,000 after buying an additional 8,970 shares during the period. B. Riley Wealth Advisors Inc. lifted its holdings in shares of Capital Group Core Balanced ETF by 17.9% during the third quarter. B. Riley Wealth Advisors Inc. now owns 417,954 shares of the company’s stock worth $15,360,000 after buying an additional 63,532 shares during the last quarter. Accel Wealth Management lifted its holdings in shares of Capital Group Core Balanced ETF by 50.5% during the third quarter. Accel Wealth Management now owns 91,011 shares of the company’s stock worth $3,345,000 after buying an additional 30,558 shares during the last quarter. Finally, Lincoln Capital LLC lifted its holdings in shares of Capital Group Core Balanced ETF by 133.7% during the third quarter. Lincoln Capital LLC now owns 29,639 shares of the company’s stock worth $1,089,000 after buying an additional 16,959 shares during the last quarter.

Capital Group Core Balanced ETF Trading Down 0.7%

CGBL opened at $36.82 on Thursday. Capital Group Core Balanced ETF has a 1-year low of $33.67 and a 1-year high of $38.68. The stock has a market capitalization of $7.77 billion, a price-to-earnings ratio of 25.37 and a beta of 0.70. The business has a 50 day moving average of $37.71 and a 200-day moving average of $37.26.

Capital Group Core Balanced ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 30th were given a dividend of $0.2056 per share. This represents a $0.82 dividend on an annualized basis and a yield of 2.2%. This is an increase from Capital Group Core Balanced ETF’s previous quarterly dividend of $0.1634. The ex-dividend date of this dividend was Wednesday, September 30th.

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.