Capital Group Core Balanced ETF $CGBL Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lessened its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 0.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,818,806 shares of the company’s stock after selling 2,945 shares during the quarter. Commonwealth Equity Services LLC owned about 2.29% of Capital Group Core Balanced ETF worth $60,821,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. A&I Financial Services LLC lifted its position in Capital Group Core Balanced ETF by 4.5% in the first quarter. A&I Financial Services LLC now owns 8,179 shares of the company’s stock valued at $253,000 after acquiring an additional 355 shares during the last quarter. Certior Financial Group LLC grew its holdings in shares of Capital Group Core Balanced ETF by 4.9% during the first quarter. Certior Financial Group LLC now owns 12,152 shares of the company’s stock worth $376,000 after purchasing an additional 565 shares during the last quarter. tru Independence LLC increased its position in shares of Capital Group Core Balanced ETF by 7.8% during the second quarter. tru Independence LLC now owns 8,370 shares of the company’s stock worth $280,000 after purchasing an additional 609 shares in the last quarter. Opal Wealth Advisors LLC increased its position in shares of Capital Group Core Balanced ETF by 106.9% during the second quarter. Opal Wealth Advisors LLC now owns 1,372 shares of the company’s stock worth $46,000 after purchasing an additional 709 shares in the last quarter. Finally, Bridgewealth Advisory Group LLC lifted its holdings in shares of Capital Group Core Balanced ETF by 6.0% in the 2nd quarter. Bridgewealth Advisory Group LLC now owns 16,631 shares of the company’s stock valued at $556,000 after purchasing an additional 935 shares during the last quarter.

Capital Group Core Balanced ETF Stock Up 0.1%

Shares of NYSEARCA CGBL opened at $34.53 on Friday. The business has a 50-day moving average price of $34.76 and a 200 day moving average price of $33.50. The stock has a market cap of $3.75 billion, a PE ratio of 25.37 and a beta of 0.69. Capital Group Core Balanced ETF has a 52-week low of $28.22 and a 52-week high of $35.42.

Capital Group Core Balanced ETF Increases Dividend

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

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.