Capital Group Core Balanced ETF $CGBL Holdings Raised by Cvfg LLC

Cvfg LLC boosted its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 13.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 118,003 shares of the company’s stock after purchasing an additional 14,341 shares during the period. Capital Group Core Balanced ETF comprises 3.0% of Cvfg LLC’s investment portfolio, making the stock its 9th biggest position. Cvfg LLC owned approximately 0.11% of Capital Group Core Balanced ETF worth $4,097,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CGBL. NewEdge Advisors LLC grew its holdings in Capital Group Core Balanced ETF by 70.1% in the first quarter. NewEdge Advisors LLC now owns 33,942 shares of the company’s stock valued at $1,052,000 after purchasing an additional 13,986 shares during the last quarter. Jane Street Group LLC boosted its position in shares of Capital Group Core Balanced ETF by 25.4% in the 1st quarter. Jane Street Group LLC now owns 281,274 shares of the company’s stock worth $8,714,000 after buying an additional 57,029 shares in the last quarter. Stephens Inc. AR acquired a new stake in Capital Group Core Balanced ETF in the 2nd quarter valued at about $391,000. Focus Partners Advisor Solutions LLC increased its holdings in Capital Group Core Balanced ETF by 30.7% during the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 16,144 shares of the company’s stock valued at $540,000 after acquiring an additional 3,795 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in Capital Group Core Balanced ETF by 31.6% during the second quarter. Envestnet Asset Management Inc. now owns 4,140,219 shares of the company’s stock worth $138,449,000 after acquiring an additional 993,022 shares during the last quarter.

Capital Group Core Balanced ETF Price Performance

Shares of NYSEARCA CGBL opened at $36.30 on Tuesday. The firm’s 50-day moving average is $36.00 and its two-hundred day moving average is $35.14. The company has a market capitalization of $4.90 billion, a PE ratio of 25.37 and a beta of 0.69. Capital Group Core Balanced ETF has a 12-month low of $28.22 and a 12-month high of $36.63.

Capital Group Core Balanced ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were issued a dividend of $0.2251 per share. 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. This represents a $0.90 dividend on an annualized basis and a yield of 2.5%.

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.