Continuum Advisory LLC Grows Holdings in Capital Group Core Balanced ETF $CGBL

Continuum Advisory LLC lifted its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 85.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,011 shares of the company’s stock after buying an additional 20,786 shares during the quarter. Continuum Advisory LLC’s holdings in Capital Group Core Balanced ETF were worth $1,563,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in CGBL. NWF Advisory Services Inc. boosted its stake in Capital Group Core Balanced ETF by 1.7% during the 2nd quarter. NWF Advisory Services Inc. now owns 18,124 shares of the company’s stock valued at $606,000 after acquiring an additional 309 shares during the last quarter. Vermillion & White Wealth Management Group LLC raised its stake in shares of Capital Group Core Balanced ETF by 4.1% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 8,120 shares of the company’s stock valued at $272,000 after purchasing an additional 319 shares in the last quarter. Allworth Financial LP lifted its position in shares of Capital Group Core Balanced ETF by 9.1% during the second quarter. Allworth Financial LP now owns 4,666 shares of the company’s stock worth $156,000 after purchasing an additional 390 shares during the last quarter. tru Independence LLC grew its stake in Capital Group Core Balanced ETF by 7.8% in the second quarter. tru Independence LLC now owns 8,370 shares of the company’s stock worth $280,000 after purchasing an additional 609 shares in the last quarter. Finally, Opal Wealth Advisors LLC increased its holdings in Capital Group Core Balanced ETF by 106.9% in the second quarter. Opal Wealth Advisors LLC now owns 1,372 shares of the company’s stock valued at $46,000 after buying an additional 709 shares during the last quarter.

Capital Group Core Balanced ETF Stock Down 0.3%

Shares of NYSEARCA CGBL opened at $35.53 on Tuesday. The stock’s 50 day moving average price is $35.03 and its two-hundred day moving average price is $34.38. Capital Group Core Balanced ETF has a 52-week low of $28.22 and a 52-week high of $35.83. The stock has a market capitalization of $3.86 billion, a P/E ratio of 25.37 and a beta of 0.69.

Capital Group Core Balanced ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were paid a dividend of $0.2251 per share. 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. The ex-dividend date was Friday, December 26th.

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.