Capital Group Core Balanced ETF $CGBL Shares Sold by Brookwood Investment Group LLC

Brookwood Investment Group LLC reduced its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 2.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,367 shares of the company’s stock after selling 545 shares during the quarter. Brookwood Investment Group LLC’s holdings in Capital Group Core Balanced ETF were worth $681,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of CGBL. Opal Wealth Advisors LLC boosted its holdings in shares of 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 acquiring an additional 709 shares during the period. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Capital Group Core Balanced ETF in the first quarter valued at approximately $75,000. Allworth Financial LP boosted its holdings in shares of Capital Group Core Balanced ETF by 30.5% in the first quarter. Allworth Financial LP now owns 4,276 shares of the company’s stock valued at $131,000 after acquiring an additional 1,000 shares during the period. Financial Perspectives Inc boosted its holdings in shares of Capital Group Core Balanced ETF by 225.9% in the second quarter. Financial Perspectives Inc now owns 5,821 shares of the company’s stock valued at $195,000 after acquiring an additional 4,035 shares during the period. Finally, Sovran Advisors LLC acquired a new stake in shares of Capital Group Core Balanced ETF in the first quarter valued at approximately $201,000.

Capital Group Core Balanced ETF Trading Up 0.5%

CGBL stock opened at $35.25 on Tuesday. The company has a market capitalization of $3.74 billion, a P/E ratio of 25.37 and a beta of 0.69. Capital Group Core Balanced ETF has a twelve month low of $28.22 and a twelve month high of $35.26. The business has a 50 day simple moving average of $34.61 and a 200-day simple moving average of $33.22.

Capital Group Core Balanced ETF Increases Dividend

The business also recently declared 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 is a boost from Capital Group Core Balanced ETF’s previous quarterly dividend of $0.16. This represents a $0.74 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Tuesday, September 30th.

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.