Vicus Capital Takes $318,000 Position in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Vicus Capital bought a new position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,267 shares of the company’s stock, valued at approximately $318,000.

Other institutional investors also recently bought and sold shares of the company. LPL Financial LLC boosted its holdings in shares of Capital Group Core Balanced ETF by 50.7% during the 4th quarter. LPL Financial LLC now owns 3,787,433 shares of the company’s stock valued at $118,433,000 after purchasing an additional 1,274,153 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Capital Group Core Balanced ETF in the fourth quarter worth about $26,385,000. Envestnet Asset Management Inc. lifted its position in shares of Capital Group Core Balanced ETF by 47.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 2,389,179 shares of the company’s stock worth $74,710,000 after buying an additional 766,049 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Capital Group Core Balanced ETF by 38.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,592,644 shares of the company’s stock valued at $49,802,000 after buying an additional 439,417 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in Capital Group Core Balanced ETF by 38.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,232,842 shares of the company’s stock valued at $38,551,000 after buying an additional 343,818 shares in the last quarter.

Capital Group Core Balanced ETF Price Performance

NYSEARCA:CGBL opened at $32.65 on Wednesday. The company has a market cap of $2.35 billion, a price-to-earnings ratio of 25.37 and a beta of 0.76. Capital Group Core Balanced ETF has a 1 year low of $28.22 and a 1 year high of $32.98. The stock’s 50 day simple moving average is $31.46 and its two-hundred day simple moving average is $31.55.

Capital Group Core Balanced ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 31st were issued a $0.1232 dividend. The ex-dividend date of this dividend was Monday, March 31st.

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.