Capital Group Core Balanced ETF $CGBL Shares Bought by United Advisor Group LLC

United Advisor Group LLC grew its position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 69.8% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,694 shares of the company’s stock after buying an additional 11,800 shares during the quarter. United Advisor Group LLC’s holdings in Capital Group Core Balanced ETF were worth $960,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in CGBL. Stephens Inc. AR purchased a new position in Capital Group Core Balanced ETF during the second quarter worth about $391,000. Modern Wealth Management LLC boosted its holdings in Capital Group Core Balanced ETF by 15.0% in the 1st quarter. Modern Wealth Management LLC now owns 9,520 shares of the company’s stock valued at $295,000 after purchasing an additional 1,240 shares in the last quarter. KWB Wealth increased its position in Capital Group Core Balanced ETF by 68.0% during the 2nd quarter. KWB Wealth now owns 232,371 shares of the company’s stock worth $7,199,000 after purchasing an additional 94,064 shares during the period. Tempus Wealth Planning LLC raised its stake in shares of Capital Group Core Balanced ETF by 2.5% during the 2nd quarter. Tempus Wealth Planning LLC now owns 134,649 shares of the company’s stock worth $4,503,000 after buying an additional 3,295 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of Capital Group Core Balanced ETF by 69.5% in the 2nd quarter. Janney Montgomery Scott LLC now owns 310,430 shares of the company’s stock valued at $10,381,000 after buying an additional 127,329 shares during the period.

Capital Group Core Balanced ETF Price Performance

Capital Group Core Balanced ETF stock opened at $34.25 on Wednesday. Capital Group Core Balanced ETF has a 1-year low of $28.22 and a 1-year high of $35.42. The company has a market cap of $3.72 billion, a PE ratio of 25.37 and a beta of 0.69. The stock’s 50 day moving average price is $34.82 and its 200 day moving average price is $33.73.

Capital Group Core Balanced ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 30th were given a dividend of $0.1857 per share. This represents a $0.74 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Tuesday, September 30th. This is an increase from Capital Group Core Balanced ETF’s previous quarterly dividend of $0.16.

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.