Capital Group Core Balanced ETF $CGBL Shares Purchased by Harbour Investments Inc.

Harbour Investments Inc. raised its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 37.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 436,456 shares of the company’s stock after buying an additional 118,535 shares during the period. Harbour Investments Inc. owned approximately 0.55% of Capital Group Core Balanced ETF worth $14,595,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of CGBL. Wealth Enhancement Advisory Services LLC increased its stake in Capital Group Core Balanced ETF by 9.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,737,175 shares of the company’s stock valued at $53,818,000 after buying an additional 144,531 shares during the period. Dynamic Advisor Solutions LLC increased its stake in Capital Group Core Balanced ETF by 8.0% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 8,407 shares of the company’s stock valued at $260,000 after buying an additional 623 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of Capital Group Core Balanced ETF by 43.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 183,101 shares of the company’s stock worth $5,672,000 after purchasing an additional 55,226 shares during the last quarter. Vicus Capital acquired a new position in shares of Capital Group Core Balanced ETF in the 1st quarter worth approximately $318,000. Finally, Greenbush Financial Group LLC grew its stake in shares of Capital Group Core Balanced ETF by 3.4% in the 1st quarter. Greenbush Financial Group LLC now owns 333,338 shares of the company’s stock worth $10,327,000 after purchasing an additional 11,002 shares during the last quarter.

Capital Group Core Balanced ETF Price Performance

Shares of CGBL opened at $34.85 on Wednesday. The firm’s 50 day moving average is $34.42 and its 200-day moving average is $32.89. The stock has a market capitalization of $3.59 billion, a P/E ratio of 25.37 and a beta of 0.76. Capital Group Core Balanced ETF has a 12-month low of $28.22 and a 12-month high of $35.08.

Capital Group Core Balanced ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Tuesday, September 30th were paid a $0.1857 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.74 annualized dividend and a dividend yield of 2.1%. 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.