Integrity Advisory Solutions LLC Purchases New Shares in Capital Group Core Balanced ETF $CGBL

Integrity Advisory Solutions LLC acquired a new stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 143,335 shares of the company’s stock, valued at approximately $4,977,000. Capital Group Core Balanced ETF makes up about 0.8% of Integrity Advisory Solutions LLC’s holdings, making the stock its 27th biggest position. Integrity Advisory Solutions LLC owned 0.13% of Capital Group Core Balanced ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Advance Capital Management Inc. boosted its position in shares of Capital Group Core Balanced ETF by 242.6% in the third quarter. Advance Capital Management Inc. now owns 9,275,964 shares of the company’s stock valued at $322,061,000 after acquiring an additional 6,568,560 shares during the period. Envestnet Asset Management Inc. boosted its holdings in Capital Group Core Balanced ETF by 31.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,448,051 shares of the company’s stock valued at $189,156,000 after purchasing an additional 1,307,832 shares during the period. Commonwealth Equity Services LLC boosted its holdings in Capital Group Core Balanced ETF by 13.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 2,061,754 shares of the company’s stock valued at $71,584,000 after purchasing an additional 242,948 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of Capital Group Core Balanced ETF by 7.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,937,897 shares of the company’s stock worth $67,574,000 after purchasing an additional 141,375 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in shares of Capital Group Core Balanced ETF by 75.6% during the second quarter. Raymond James Financial Inc. now owns 1,838,766 shares of the company’s stock worth $61,488,000 after purchasing an additional 791,376 shares during the period.

Capital Group Core Balanced ETF Trading Down 0.6%

NYSEARCA CGBL opened at $35.93 on Friday. The company has a market cap of $4.85 billion, a price-to-earnings ratio of 25.37 and a beta of 0.69. The company has a 50 day moving average of $36.14 and a 200-day moving average of $35.26. Capital Group Core Balanced ETF has a 1-year low of $28.22 and a 1-year high of $36.71.

Capital Group Core Balanced ETF Increases Dividend

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

Capital Group Core Balanced ETF Company 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.