Capital Group Core Balanced ETF $CGBL Holdings Lifted by Hartmann Taylor Wealth Management LLC

Hartmann Taylor Wealth Management LLC lifted its position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 7.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 307,904 shares of the company’s stock after acquiring an additional 20,771 shares during the quarter. Capital Group Core Balanced ETF accounts for approximately 7.7% of Hartmann Taylor Wealth Management LLC’s portfolio, making the stock its 4th largest holding. Hartmann Taylor Wealth Management LLC owned about 0.30% of Capital Group Core Balanced ETF worth $10,690,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC increased its stake 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 purchasing an additional 709 shares during the last quarter. Allworth Financial LP increased its stake in shares of Capital Group Core Balanced ETF by 9.1% in the second quarter. Allworth Financial LP now owns 4,666 shares of the company’s stock worth $156,000 after buying an additional 390 shares during the last quarter. Financial Perspectives Inc increased its stake in Capital Group Core Balanced ETF by 225.9% during the second quarter. Financial Perspectives Inc now owns 5,821 shares of the company’s stock valued at $195,000 after purchasing an additional 4,035 shares during the last quarter. M.E. Allison & CO. Inc. acquired a new position in Capital Group Core Balanced ETF during the 3rd quarter valued at approximately $207,000. Finally, Savvy Advisors Inc. acquired a new position in shares of Capital Group Core Balanced ETF during the second quarter worth approximately $203,000.

Capital Group Core Balanced ETF Stock Down 0.1%

Shares of CGBL stock opened at $35.50 on Wednesday. The stock has a market capitalization of $3.85 billion, a P/E ratio of 25.37 and a beta of 0.69. Capital Group Core Balanced ETF has a fifty-two week low of $28.22 and a fifty-two week high of $35.83. The stock has a 50-day simple moving average of $35.04 and a 200 day simple moving average of $34.40.

Capital Group Core Balanced ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were paid a dividend of $0.2251 per share. This is a positive change 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 annualized dividend and a dividend yield of 2.5%.

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.