Keystone Wealth Services LLC Trims Stock Position in Capital Group Core Balanced ETF $CGBL

Keystone Wealth Services LLC lowered its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 16.9% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 30,000 shares of the company’s stock after selling 6,084 shares during the period. Keystone Wealth Services LLC’s holdings in Capital Group Core Balanced ETF were worth $1,003,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Financial Perspectives Inc purchased a new stake in Capital Group Core Balanced ETF in the 1st quarter worth approximately $55,000. Capital A Wealth Management LLC purchased a new stake in Capital Group Core Balanced ETF in the 4th quarter worth approximately $64,000. Strategic Investment Solutions Inc. IL purchased a new stake in Capital Group Core Balanced ETF in the 1st quarter worth approximately $75,000. Allworth Financial LP grew its position in shares of Capital Group Core Balanced ETF by 30.5% during the 1st quarter. Allworth Financial LP now owns 4,276 shares of the company’s stock valued at $131,000 after acquiring an additional 1,000 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Capital Group Core Balanced ETF by 39.2% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,709 shares of the company’s stock valued at $146,000 after acquiring an additional 1,327 shares during the period.

Capital Group Core Balanced ETF Stock Down 0.0%

NYSEARCA:CGBL opened at $34.88 on Wednesday. Capital Group Core Balanced ETF has a 52 week low of $28.22 and a 52 week high of $34.95. The stock has a market capitalization of $2.84 billion, a PE ratio of 25.37 and a beta of 0.76. The stock’s 50-day moving average price is $33.97 and its 200-day moving average price is $32.40.

Capital Group Core Balanced ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Monday, June 30th were given a dividend of $0.1645 per share. The ex-dividend date was Monday, June 30th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.9%.

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.