Capital Group Core Balanced ETF $CGBL Shares Acquired by ORG Partners LLC

ORG Partners LLC raised its holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 70.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 47,006 shares of the company’s stock after purchasing an additional 19,402 shares during the period. ORG Partners LLC’s holdings in Capital Group Core Balanced ETF were worth $1,632,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Valmark Advisers Inc. raised its stake in Capital Group Core Balanced ETF by 43.0% in the 3rd quarter. Valmark Advisers Inc. now owns 92,126 shares of the company’s stock valued at $3,199,000 after purchasing an additional 27,684 shares during the last quarter. Seamount Financial Group Inc. increased its position in Capital Group Core Balanced ETF by 21.7% during the 3rd quarter. Seamount Financial Group Inc. now owns 154,397 shares of the company’s stock worth $5,361,000 after purchasing an additional 27,490 shares in the last quarter. Clarity Wealth Advisors LLC increased its holdings in Capital Group Core Balanced ETF by 39.5% in the 3rd quarter. Clarity Wealth Advisors LLC now owns 148,689 shares of the company’s stock valued at $5,162,000 after purchasing an additional 42,121 shares in the last quarter. tru Independence LLC raised its holdings in shares of Capital Group Core Balanced ETF by 32.5% during the 3rd quarter. tru Independence LLC now owns 11,091 shares of the company’s stock valued at $385,000 after buying an additional 2,721 shares during the period. Finally, Benjamin Edwards Inc. lifted its position in Capital Group Core Balanced ETF by 46.6% during the 3rd quarter. Benjamin Edwards Inc. now owns 389,669 shares of the company’s stock worth $13,529,000 after acquiring an additional 123,776 shares in the last quarter.

Capital Group Core Balanced ETF Stock Up 0.8%

NYSEARCA CGBL opened at $36.22 on Friday. Capital Group Core Balanced ETF has a fifty-two week low of $28.22 and a fifty-two week high of $36.24. The business has a 50 day moving average price of $35.16 and a two-hundred day moving average price of $34.55. The stock has a market cap of $4.56 billion, a PE 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 issued a dividend of $0.2251 per share. This represents a $0.90 dividend on an annualized basis 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.

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.