Capital International Investors Reduces Stock Holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Capital International Investors lessened its holdings in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 24.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,665 shares of the company’s stock after selling 9,994 shares during the period. Capital International Investors owned approximately 0.22% of Capital Group Core Balanced ETF worth $990,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CGBL. Creative Financial Designs Inc. ADV purchased a new position in shares of Capital Group Core Balanced ETF during the 4th quarter valued at about $41,000. Global Retirement Partners LLC lifted its holdings in Capital Group Core Balanced ETF by 420.8% in the fourth quarter. Global Retirement Partners LLC now owns 2,484 shares of the company’s stock valued at $78,000 after acquiring an additional 2,007 shares during the period. Allworth Financial LP purchased a new stake in Capital Group Core Balanced ETF in the 4th quarter worth approximately $105,000. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Capital Group Core Balanced ETF by 39.8% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,382 shares of the company’s stock worth $106,000 after purchasing an additional 962 shares during the period. Finally, Tudor Financial Inc. acquired a new stake in shares of Capital Group Core Balanced ETF during the 4th quarter worth approximately $202,000.

Capital Group Core Balanced ETF Stock Performance

Shares of NYSEARCA CGBL opened at $29.92 on Monday. The company has a market capitalization of $1.80 billion, a PE ratio of 23.63 and a beta of 0.76. The company’s fifty day moving average price is $31.11 and its 200 day moving average price is $31.47. Capital Group Core Balanced ETF has a 1 year low of $27.94 and a 1 year high of $32.65.

Capital Group Core Balanced ETF Dividend Announcement

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

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.