Valmark Advisers Inc. Raises Stock Position in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Valmark Advisers Inc. grew its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 106.0% in the 1st quarter, HoldingsChannel.com reports. The fund owned 47,526 shares of the company’s stock after acquiring an additional 24,454 shares during the period. Valmark Advisers Inc.’s holdings in Capital Group Core Balanced ETF were worth $1,472,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Allworth Financial LP bought a new stake in shares of Capital Group Core Balanced ETF in the fourth quarter valued at about $105,000. Truist Financial Corp raised its holdings in shares of Capital Group Core Balanced ETF by 241.7% in the 4th quarter. Truist Financial Corp now owns 54,683 shares of the company’s stock valued at $1,710,000 after purchasing an additional 38,680 shares in the last quarter. Global Retirement Partners LLC raised its holdings in shares of Capital Group Core Balanced ETF by 420.8% in the 4th quarter. Global Retirement Partners LLC now owns 2,484 shares of the company’s stock valued at $78,000 after purchasing an additional 2,007 shares in the last quarter. Sigma Planning Corp purchased a new stake in shares of Capital Group Core Balanced ETF in the 4th quarter worth approximately $2,071,000. Finally, CWS Financial Advisors LLC boosted its stake in shares of Capital Group Core Balanced ETF by 51.3% during the fourth quarter. CWS Financial Advisors LLC now owns 43,903 shares of the company’s stock valued at $1,373,000 after purchasing an additional 14,886 shares in the last quarter.

Capital Group Core Balanced ETF Stock Up 0.7%

Shares of CGBL stock opened at $32.79 on Tuesday. The firm has a market cap of $2.36 billion, a price-to-earnings ratio of 25.37 and a beta of 0.76. Capital Group Core Balanced ETF has a 52-week low of $28.22 and a 52-week high of $32.98. The company’s 50 day moving average is $31.67 and its 200 day moving average is $31.56.

Capital Group Core Balanced ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 31st were issued a $0.1232 dividend. The ex-dividend date 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.