Capital Group Core Balanced ETF $CGBL Stock Holdings Increased by Continuum Advisory LLC

Continuum Advisory LLC increased its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 85.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 45,011 shares of the company’s stock after buying an additional 20,786 shares during the quarter. Continuum Advisory LLC’s holdings in Capital Group Core Balanced ETF were worth $1,563,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in CGBL. Stephens Inc. AR bought a new position in Capital Group Core Balanced ETF during the second quarter valued at approximately $391,000. B. Riley Wealth Advisors Inc. bought a new stake in Capital Group Core Balanced ETF in the second quarter worth approximately $12,843,000. DAVENPORT & Co LLC increased its stake in shares of Capital Group Core Balanced ETF by 32.8% during the 3rd quarter. DAVENPORT & Co LLC now owns 62,680 shares of the company’s stock worth $2,176,000 after purchasing an additional 15,494 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Capital Group Core Balanced ETF by 439.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 110,417 shares of the company’s stock valued at $3,692,000 after purchasing an additional 89,936 shares in the last quarter. Finally, Bare Financial Services Inc lifted its stake in shares of Capital Group Core Balanced ETF by 22.5% in the 2nd quarter. Bare Financial Services Inc now owns 36,522 shares of the company’s stock valued at $1,221,000 after purchasing an additional 6,720 shares during the last quarter.

Capital Group Core Balanced ETF Trading Down 0.3%

Shares of NYSEARCA:CGBL opened at $35.53 on Tuesday. The stock has a market capitalization of $3.86 billion, a PE ratio of 25.37 and a beta of 0.69. Capital Group Core Balanced ETF has a 1 year low of $28.22 and a 1 year high of $35.83. The firm has a fifty day moving average price of $35.03 and a 200 day moving average price of $34.38.

Capital Group Core Balanced ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were issued 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 positive change from Capital Group Core Balanced ETF’s previous quarterly dividend of $0.19.

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.