Capital Group Core Balanced ETF $CGBL Holdings Raised by Taylor Financial Group Inc.

Taylor Financial Group Inc. lifted its position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 11.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,370 shares of the company’s stock after acquiring an additional 10,385 shares during the quarter. Capital Group Core Balanced ETF accounts for about 2.2% of Taylor Financial Group Inc.’s holdings, making the stock its 10th biggest position. Taylor Financial Group Inc.’s holdings in Capital Group Core Balanced ETF were worth $3,490,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Stephens Inc. AR acquired a new position in Capital Group Core Balanced ETF during the second quarter worth $391,000. Modern Wealth Management LLC increased its position in shares of Capital Group Core Balanced ETF by 15.0% in the first quarter. Modern Wealth Management LLC now owns 9,520 shares of the company’s stock valued at $295,000 after buying an additional 1,240 shares in the last quarter. KWB Wealth increased its position in shares of Capital Group Core Balanced ETF by 68.0% in the second quarter. KWB Wealth now owns 232,371 shares of the company’s stock valued at $7,199,000 after buying an additional 94,064 shares in the last quarter. Tempus Wealth Planning LLC grew its stake in Capital Group Core Balanced ETF by 2.5% in the 2nd quarter. Tempus Wealth Planning LLC now owns 134,649 shares of the company’s stock valued at $4,503,000 after acquiring an additional 3,295 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in Capital Group Core Balanced ETF by 69.5% in the 2nd quarter. Janney Montgomery Scott LLC now owns 310,430 shares of the company’s stock valued at $10,381,000 after acquiring an additional 127,329 shares during the last quarter.

Capital Group Core Balanced ETF Trading Up 0.5%

Shares of NYSEARCA CGBL opened at $35.25 on Tuesday. The stock has a market cap of $3.74 billion, a price-to-earnings ratio of 25.37 and a beta of 0.69. Capital Group Core Balanced ETF has a 52 week low of $28.22 and a 52 week high of $35.26. The company’s 50-day moving average price is $34.61 and its 200 day moving average price is $33.22.

Capital Group Core Balanced ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were given a dividend of $0.1857 per share. The ex-dividend date was Tuesday, September 30th. This represents a $0.74 annualized dividend and a dividend yield of 2.1%. This is an increase 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.