Focus Partners Advisor Solutions LLC Raises Stock Holdings in Capital Group Core Balanced ETF $CGBL

Focus Partners Advisor Solutions LLC increased its holdings in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 155.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 41,249 shares of the company’s stock after acquiring an additional 25,105 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Capital Group Core Balanced ETF were worth $1,437,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Kingsview Wealth Management LLC raised its stake in shares of Capital Group Core Balanced ETF by 444.4% during the 3rd quarter. Kingsview Wealth Management LLC now owns 151,268 shares of the company’s stock worth $5,252,000 after purchasing an additional 123,481 shares during the period. Diversify Wealth Management LLC raised its position in Capital Group Core Balanced ETF by 33.3% in the third quarter. Diversify Wealth Management LLC now owns 15,873 shares of the company’s stock worth $552,000 after acquiring an additional 3,962 shares during the period. Bare Financial Services Inc boosted its stake in Capital Group Core Balanced ETF by 16.2% in the third quarter. Bare Financial Services Inc now owns 42,441 shares of the company’s stock valued at $1,474,000 after acquiring an additional 5,919 shares during the last quarter. Mesirow Financial Investment Management Inc. grew its position in shares of Capital Group Core Balanced ETF by 27.0% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 367,638 shares of the company’s stock valued at $12,765,000 after acquiring an additional 78,138 shares during the period. Finally, Advisor OS LLC increased its stake in shares of Capital Group Core Balanced ETF by 7.3% during the 3rd quarter. Advisor OS LLC now owns 20,937 shares of the company’s stock worth $727,000 after purchasing an additional 1,416 shares during the last quarter.

Capital Group Core Balanced ETF Trading Down 0.6%

NYSEARCA:CGBL opened at $35.93 on Friday. Capital Group Core Balanced ETF has a 12 month low of $28.22 and a 12 month high of $36.71. The firm’s 50 day moving average is $36.14 and its 200 day moving average is $35.26. The stock has a market capitalization of $4.85 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. Stockholders of record on Friday, December 26th were given a dividend of $0.2251 per share. The ex-dividend date of this dividend was Friday, December 26th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 2.5%. This is a boost 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.