IFP Advisors Inc Acquires 29,762 Shares of Capital Group Core Balanced ETF $CGBL

IFP Advisors Inc raised its holdings in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 16.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 210,471 shares of the company’s stock after purchasing an additional 29,762 shares during the quarter. IFP Advisors Inc owned 0.26% of Capital Group Core Balanced ETF worth $7,038,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the company. Armstrong Fleming & Moore Inc bought a new stake in shares of Capital Group Core Balanced ETF in the 2nd quarter worth about $532,000. Clear Creek Financial Management LLC lifted its holdings in shares of Capital Group Core Balanced ETF by 6.5% in the 2nd quarter. Clear Creek Financial Management LLC now owns 89,959 shares of the company’s stock worth $3,008,000 after acquiring an additional 5,476 shares during the last quarter. Valmark Advisers Inc. lifted its holdings in shares of Capital Group Core Balanced ETF by 35.6% in the 2nd quarter. Valmark Advisers Inc. now owns 64,442 shares of the company’s stock worth $2,155,000 after acquiring an additional 16,916 shares during the last quarter. Seamount Financial Group Inc. lifted its holdings in shares of Capital Group Core Balanced ETF by 19.5% in the 2nd quarter. Seamount Financial Group Inc. now owns 126,907 shares of the company’s stock worth $4,244,000 after acquiring an additional 20,746 shares during the last quarter. Finally, Confluence Wealth Services Inc. lifted its holdings in shares of Capital Group Core Balanced ETF by 3.5% in the 2nd quarter. Confluence Wealth Services Inc. now owns 271,820 shares of the company’s stock worth $9,090,000 after acquiring an additional 9,175 shares during the last quarter.

Capital Group Core Balanced ETF Trading Down 0.6%

Capital Group Core Balanced ETF stock opened at $34.77 on Friday. The firm has a 50-day moving average price of $34.35 and a 200-day moving average price of $32.81. The firm has a market capitalization of $3.58 billion, a PE ratio of 25.37 and a beta of 0.76. Capital Group Core Balanced ETF has a 12-month low of $28.22 and a 12-month high of $35.08.

Capital Group Core Balanced ETF Increases Dividend

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

Capital Group Core Balanced ETF 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.