Signature Equity Partners LLC Acquires New Stake in Capital Group Core Balanced ETF $CGBL

Signature Equity Partners LLC acquired a new stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 53,252 shares of the company’s stock, valued at approximately $1,957,000. Capital Group Core Balanced ETF accounts for approximately 0.7% of Signature Equity Partners LLC’s investment portfolio, making the stock its 23rd largest holding.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Simplicity Wealth LLC raised its stake in shares of Capital Group Core Balanced ETF by 4.4% in the first quarter. Simplicity Wealth LLC now owns 8,718 shares of the company’s stock valued at $300,000 after buying an additional 367 shares during the period. Harmony Asset Management LLC increased its holdings in Capital Group Core Balanced ETF by 7.0% in the 1st quarter. Harmony Asset Management LLC now owns 6,333 shares of the company’s stock worth $218,000 after acquiring an additional 414 shares during the last quarter. Sanctuary Advisors LLC increased its holdings in Capital Group Core Balanced ETF by 4.6% in the 1st quarter. Sanctuary Advisors LLC now owns 9,556 shares of the company’s stock worth $329,000 after acquiring an additional 416 shares during the last quarter. Summit Global Investments raised its stake in Capital Group Core Balanced ETF by 2.7% in the 1st quarter. Summit Global Investments now owns 16,149 shares of the company’s stock valued at $556,000 after acquiring an additional 426 shares during the period. Finally, Verus Capital Partners LLC raised its stake in Capital Group Core Balanced ETF by 8.0% in the 1st quarter. Verus Capital Partners LLC now owns 7,489 shares of the company’s stock valued at $258,000 after acquiring an additional 554 shares during the period.

Capital Group Core Balanced ETF Stock Up 0.2%

NYSEARCA CGBL opened at $36.76 on Tuesday. The company has a market cap of $7.87 billion, a PE ratio of 25.37 and a beta of 0.70. Capital Group Core Balanced ETF has a 52 week low of $33.67 and a 52 week high of $38.68. The firm’s 50-day simple moving average is $37.35 and its two-hundred day simple moving average is $36.89.

Capital Group Core Balanced ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Wednesday, September 30th were given a $0.2056 dividend. This represents a $0.82 annualized dividend and a dividend yield of 2.2%. This is an increase from Capital Group Core Balanced ETF’s previous quarterly dividend of $0.1634. The ex-dividend date of this dividend was Wednesday, September 30th.

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. CGBL was launched on Sep 26, 2023 and is issued by Capital Group.