Armstrong Fleming & Moore Inc Takes $532,000 Position in Capital Group Core Balanced ETF $CGBL

Armstrong Fleming & Moore Inc purchased a new position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 15,918 shares of the company’s stock, valued at approximately $532,000.

Several other institutional investors and hedge funds have also bought and sold shares of CGBL. Opal Wealth Advisors LLC grew its position in Capital Group Core Balanced ETF by 106.9% during the 2nd quarter. Opal Wealth Advisors LLC now owns 1,372 shares of the company’s stock worth $46,000 after acquiring an additional 709 shares during the last quarter. Financial Perspectives Inc bought a new stake in shares of Capital Group Core Balanced ETF in the 1st quarter worth approximately $55,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of Capital Group Core Balanced ETF in the 1st quarter worth approximately $75,000. Allworth Financial LP grew its position in shares of Capital Group Core Balanced ETF by 30.5% in the 1st quarter. Allworth Financial LP now owns 4,276 shares of the company’s stock worth $131,000 after buying an additional 1,000 shares during the last quarter. Finally, Sovran Advisors LLC bought a new stake in shares of Capital Group Core Balanced ETF in the 1st quarter worth approximately $201,000.

Capital Group Core Balanced ETF Stock Performance

Shares of CGBL stock opened at $34.99 on Thursday. The firm has a market cap of $3.52 billion, a P/E ratio of 25.37 and a beta of 0.76. Capital Group Core Balanced ETF has a fifty-two week low of $28.22 and a fifty-two week high of $35.08. The business’s 50 day moving average price is $34.33 and its 200-day moving average price is $32.79.

Capital Group Core Balanced ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Tuesday, September 30th were paid a $0.1857 dividend. This represents a $0.74 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Tuesday, September 30th. This is a boost from Capital Group Core Balanced ETF’s previous quarterly dividend of $0.16.

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.