Richmond Investment Services LLC Makes New $581,000 Investment in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Richmond Investment Services LLC purchased a new position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 18,567 shares of the company’s stock, valued at approximately $581,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Creative Financial Designs Inc. ADV purchased a new stake in Capital Group Core Balanced ETF during the fourth quarter worth about $41,000. Global Retirement Partners LLC increased its stake in Capital Group Core Balanced ETF by 420.8% during the fourth quarter. Global Retirement Partners LLC now owns 2,484 shares of the company’s stock worth $78,000 after purchasing an additional 2,007 shares during the period. Allworth Financial LP purchased a new stake in Capital Group Core Balanced ETF during the fourth quarter worth about $105,000. TD Waterhouse Canada Inc. increased its stake in Capital Group Core Balanced ETF by 564.1% during the fourth quarter. TD Waterhouse Canada Inc. now owns 5,645 shares of the company’s stock worth $176,000 after purchasing an additional 4,795 shares during the period. Finally, Eclectic Associates Inc. ADV purchased a new stake in Capital Group Core Balanced ETF during the fourth quarter worth about $211,000.

Capital Group Core Balanced ETF Stock Performance

Shares of Capital Group Core Balanced ETF stock opened at $31.68 on Friday. Capital Group Core Balanced ETF has a one year low of $28.22 and a one year high of $32.65. The company has a market cap of $2.18 billion, a PE ratio of 26.10 and a beta of 0.76. The business has a 50-day simple moving average of $30.83 and a 200-day simple moving average of $31.45.

Capital Group Core Balanced ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 31st were given a dividend of $0.1232 per share. The ex-dividend date was Monday, March 31st.

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.