Capital Group Core Balanced ETF $CGBL Shares Purchased by Venture Visionary Partners LLC

Venture Visionary Partners LLC grew its holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 10.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 336,374 shares of the company’s stock after acquiring an additional 31,685 shares during the quarter. Venture Visionary Partners LLC owned 0.16% of Capital Group Core Balanced ETF worth $12,362,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of CGBL. VVR Holdings LLC acquired a new position in shares of Capital Group Core Balanced ETF in the 4th quarter valued at approximately $2,521,000. High Net Worth Advisory Group LLC raised its holdings in Capital Group Core Balanced ETF by 7.1% during the 1st quarter. High Net Worth Advisory Group LLC now owns 316,985 shares of the company’s stock worth $10,907,000 after buying an additional 21,148 shares during the period. CWS Financial Advisors LLC raised its holdings in Capital Group Core Balanced ETF by 12.8% during the 1st quarter. CWS Financial Advisors LLC now owns 120,953 shares of the company’s stock worth $4,162,000 after buying an additional 13,704 shares during the period. J. Derek Lewis & Associates Inc. bought a new position in Capital Group Core Balanced ETF in the fourth quarter valued at approximately $40,500,000. Finally, Koshinski Asset Management Inc. lifted its stake in Capital Group Core Balanced ETF by 17.0% in the first quarter. Koshinski Asset Management Inc. now owns 136,129 shares of the company’s stock valued at $4,684,000 after buying an additional 19,819 shares in the last quarter.

Capital Group Core Balanced ETF Price Performance

Shares of Capital Group Core Balanced ETF stock traded down $0.15 on Wednesday, hitting $37.12. The company had a trading volume of 1,020,905 shares, compared to its average volume of 1,516,520. The stock has a 50-day moving average of $37.78 and a 200-day moving average of $37.16. Capital Group Core Balanced ETF has a twelve month low of $33.67 and a twelve month high of $38.68. The firm has a market capitalization of $7.77 billion, a P/E ratio of 25.37 and a beta of 0.70.

Capital Group Core Balanced ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 30th were given a $0.2056 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.82 annualized dividend and a yield of 2.2%. This is an increase from Capital Group Core Balanced ETF’s previous quarterly dividend of $0.1634.

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. CGBL was launched on Sep 26, 2023 and is issued by Capital Group.