IFP Advisors Inc grew its holdings in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL – Free Report) by 9.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 381,081 shares of the company’s stock after acquiring an additional 34,066 shares during the quarter. IFP Advisors Inc owned about 0.18% of Capital Group Core Balanced ETF worth $14,005,000 at the end of the most recent quarter.
A number of other large investors have also recently modified their holdings of the business. Parkside Financial Bank & Trust bought a new stake in Capital Group Core Balanced ETF during the second quarter valued at approximately $33,000. Anchor Investment Management LLC bought a new position in shares of Capital Group Core Balanced ETF in the 1st quarter worth $43,000. CX Institutional bought a new position in shares of Capital Group Core Balanced ETF in the 3rd quarter worth $78,000. CoreCap Advisors LLC increased its holdings in shares of Capital Group Core Balanced ETF by 130.9% in the 3rd quarter. CoreCap Advisors LLC now owns 2,122 shares of the company’s stock worth $78,000 after buying an additional 1,203 shares during the last quarter. Finally, Lincoln Capital LLC bought a new position in shares of Capital Group Core Balanced ETF in the 1st quarter worth $202,000.
Capital Group Core Balanced ETF Stock Performance
Capital Group Core Balanced ETF stock opened at $36.85 on Friday. The firm’s fifty day moving average price is $37.66 and its 200-day moving average price is $37.28. The stock has a market cap of $7.76 billion, a P/E ratio of 25.37 and a beta of 0.70. Capital Group Core Balanced ETF has a fifty-two week low of $33.67 and a fifty-two week high of $38.68.
Capital Group Core Balanced ETF Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 30th were paid a $0.2056 dividend. This is a boost from Capital Group Core Balanced ETF’s previous quarterly dividend of $0.1634. This represents a $0.82 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Wednesday, September 30th.
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.
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