Capital Group Core Balanced ETF $CGBL Shares Purchased by Bare Financial Services Inc

Bare Financial Services Inc grew its holdings in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 22.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 36,522 shares of the company’s stock after acquiring an additional 6,720 shares during the period. Capital Group Core Balanced ETF comprises about 0.4% of Bare Financial Services Inc’s investment portfolio, making the stock its 24th biggest holding. Bare Financial Services Inc’s holdings in Capital Group Core Balanced ETF were worth $1,221,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CGBL. CWM LLC grew its stake in Capital Group Core Balanced ETF by 208.6% during the 2nd quarter. CWM LLC now owns 2,207,565 shares of the company’s stock valued at $73,821,000 after purchasing an additional 1,492,252 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Capital Group Core Balanced ETF by 31.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,140,219 shares of the company’s stock valued at $138,449,000 after buying an additional 993,022 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Capital Group Core Balanced ETF by 47.8% during the 1st quarter. Commonwealth Equity Services LLC now owns 1,821,751 shares of the company’s stock valued at $56,438,000 after buying an additional 588,909 shares during the last quarter. Advance Capital Management Inc. grew its position in shares of Capital Group Core Balanced ETF by 24.4% during the second quarter. Advance Capital Management Inc. now owns 2,707,404 shares of the company’s stock worth $90,536,000 after buying an additional 530,828 shares in the last quarter. Finally, Quantum Financial Planning Services Inc. grew its position in shares of Capital Group Core Balanced ETF by 2,113.8% during the second quarter. Quantum Financial Planning Services Inc. now owns 237,715 shares of the company’s stock worth $7,949,000 after buying an additional 226,977 shares in the last quarter.

Capital Group Core Balanced ETF Price Performance

CGBL opened at $35.29 on Monday. The stock has a market capitalization of $3.83 billion, a PE ratio of 25.37 and a beta of 0.69. The firm’s fifty day moving average price is $34.80 and its 200 day moving average price is $33.92. Capital Group Core Balanced ETF has a 12-month low of $28.22 and a 12-month high of $35.42.

Capital Group Core Balanced ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Tuesday, September 30th were paid a $0.1857 dividend. This is a boost from Capital Group Core Balanced ETF’s previous quarterly dividend of $0.16. The ex-dividend date was Tuesday, September 30th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 2.1%.

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.