16,215 Capital Group Core Balanced ETF $CGBL Shares Acquired by Flagship Harbor Advisors LLC

Flagship Harbor Advisors LLC grew its holdings in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 3.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 564,823 shares of the company’s stock after purchasing an additional 16,215 shares during the period. Capital Group Core Balanced ETF makes up approximately 0.8% of Flagship Harbor Advisors LLC’s holdings, making the stock its 21st largest position. Flagship Harbor Advisors LLC’s holdings in Capital Group Core Balanced ETF were worth $20,757,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Advance Capital Management Inc. grew its stake in shares of Capital Group Core Balanced ETF by 27.6% in the 1st quarter. Advance Capital Management Inc. now owns 11,973,900 shares of the company’s stock worth $412,022,000 after buying an additional 2,588,189 shares during the last quarter. Cetera Investment Advisers increased its position in Capital Group Core Balanced ETF by 21.8% during the 1st quarter. Cetera Investment Advisers now owns 4,048,725 shares of the company’s stock valued at $139,317,000 after buying an additional 723,471 shares in the last quarter. Royal Bank of Canada raised its stake in Capital Group Core Balanced ETF by 16.2% during the first quarter. Royal Bank of Canada now owns 2,335,514 shares of the company’s stock valued at $80,364,000 after buying an additional 326,314 shares during the last quarter. Kestra Advisory Services LLC raised its stake in Capital Group Core Balanced ETF by 20.8% during the first quarter. Kestra Advisory Services LLC now owns 1,573,552 shares of the company’s stock valued at $54,146,000 after buying an additional 271,207 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in Capital Group Core Balanced ETF by 55.3% during the first quarter. Janney Montgomery Scott LLC now owns 1,342,291 shares of the company’s stock valued at $46,188,000 after buying an additional 478,121 shares during the last quarter.

Capital Group Core Balanced ETF Trading Up 0.5%

Capital Group Core Balanced ETF stock opened at $36.75 on Tuesday. Capital Group Core Balanced ETF has a 12 month low of $33.67 and a 12 month high of $38.68. The company has a market capitalization of $7.91 billion, a price-to-earnings ratio of 25.37 and a beta of 0.70. The business’s fifty day simple moving average is $37.51 and its two-hundred day simple moving average is $36.87.

Capital Group Core Balanced ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders 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 dividend yield of 2.2%. This is a boost from Capital Group Core Balanced ETF’s previous quarterly dividend of $0.1634.

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