Warner Financial Inc. Lowers Stock Holdings in Capital Group Core Balanced ETF $CGBL

Warner Financial Inc. reduced its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 11.0% in the 2nd quarter, Holdings Channel reports. The fund owned 7,289 shares of the company’s stock after selling 899 shares during the period. Warner Financial Inc.’s holdings in Capital Group Core Balanced ETF were worth $244,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. A&I Financial Services LLC grew its stake in Capital Group Core Balanced ETF by 4.5% in the 1st quarter. A&I Financial Services LLC now owns 8,179 shares of the company’s stock worth $253,000 after acquiring an additional 355 shares during the period. Tennessee Valley Asset Management Partners grew its stake in shares of Capital Group Core Balanced ETF by 3.6% during the 1st quarter. Tennessee Valley Asset Management Partners now owns 15,925 shares of the company’s stock valued at $493,000 after buying an additional 555 shares during the period. United Advisor Group LLC grew its stake in shares of Capital Group Core Balanced ETF by 3.4% during the 1st quarter. United Advisor Group LLC now owns 16,894 shares of the company’s stock valued at $523,000 after buying an additional 560 shares during the period. Certior Financial Group LLC grew its stake in shares of Capital Group Core Balanced ETF by 4.9% during the 1st quarter. Certior Financial Group LLC now owns 12,152 shares of the company’s stock valued at $376,000 after buying an additional 565 shares during the period. Finally, RFG Advisory LLC grew its stake in shares of Capital Group Core Balanced ETF by 1.3% during the 1st quarter. RFG Advisory LLC now owns 46,692 shares of the company’s stock valued at $1,447,000 after buying an additional 594 shares during the period.

Capital Group Core Balanced ETF Stock Up 0.1%

Shares of NYSEARCA CGBL opened at $34.90 on Friday. Capital Group Core Balanced ETF has a 52-week low of $28.22 and a 52-week high of $35.08. The firm has a fifty day moving average of $34.24 and a 200-day moving average of $32.69. The stock has a market capitalization of $2.84 billion, a PE ratio of 25.37 and a beta of 0.76.

Capital Group Core Balanced ETF Increases Dividend

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