264,114 Capital Group Core Balanced ETF $CGBL Shares Bought by Kestra Advisory Services LLC

Kestra Advisory Services LLC lifted its holdings in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 15.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,022,707 shares of the company’s stock after buying an additional 264,114 shares during the period. Kestra Advisory Services LLC owned approximately 0.95% of Capital Group Core Balanced ETF worth $74,334,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. StrongBox Wealth LLC grew its position in Capital Group Core Balanced ETF by 4.5% in the 3rd quarter. StrongBox Wealth LLC now owns 106,514 shares of the company’s stock worth $3,914,000 after purchasing an additional 4,580 shares during the period. Commonwealth Equity Services LLC raised its stake in Capital Group Core Balanced ETF by 12.3% during the 3rd quarter. Commonwealth Equity Services LLC now owns 3,910,516 shares of the company’s stock valued at $143,711,000 after buying an additional 426,969 shares during the last quarter. Provenance Wealth Advisors LLC purchased a new stake in Capital Group Core Balanced ETF during the 3rd quarter valued at $249,000. Integrity Alliance LLC. raised its stake in Capital Group Core Balanced ETF by 8.3% during the 3rd quarter. Integrity Alliance LLC. now owns 14,470 shares of the company’s stock valued at $532,000 after buying an additional 1,112 shares during the last quarter. Finally, Integrity Advisory Solutions LLC lifted its holdings in shares of Capital Group Core Balanced ETF by 4.4% during the 3rd quarter. Integrity Advisory Solutions LLC now owns 164,591 shares of the company’s stock valued at $6,049,000 after buying an additional 7,002 shares during the period.

Capital Group Core Balanced ETF Price Performance

NYSEARCA CGBL opened at $36.41 on Friday. The stock has a market capitalization of $7.81 billion, a price-to-earnings ratio of 25.37 and a beta of 0.70. Capital Group Core Balanced ETF has a 1-year low of $33.67 and a 1-year high of $38.68. The business’s fifty day moving average price is $37.26 and its 200-day moving average price is $36.90.

Capital Group Core Balanced ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 30th were given a dividend of $0.2056 per share. This represents a $0.82 dividend on an annualized basis and a yield of 2.3%. This is a boost from Capital Group Core Balanced ETF’s previous quarterly dividend of $0.1634. The ex-dividend date was Wednesday, September 30th.

Capital Group Core Balanced ETF Company 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.