Signature Estate & Investment Advisors LLC Acquires 10,875 Shares of Capital Group Core Balanced ETF $CGBL

Signature Estate & Investment Advisors LLC grew its holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 13.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 89,976 shares of the company’s stock after acquiring an additional 10,875 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Capital Group Core Balanced ETF were worth $3,009,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Opal Wealth Advisors LLC raised its stake 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 valued at $46,000 after purchasing an additional 709 shares during the period. Strategic Investment Solutions Inc. IL purchased a new stake in Capital Group Core Balanced ETF during the 1st quarter valued at approximately $75,000. Allworth Financial LP grew its holdings in Capital Group Core Balanced ETF by 30.5% during the 1st quarter. Allworth Financial LP now owns 4,276 shares of the company’s stock valued at $131,000 after buying an additional 1,000 shares in the last quarter. Nicholson Wealth Management Group LLC bought a new stake in shares of Capital Group Core Balanced ETF during the second quarter valued at approximately $214,000. Finally, Simplicity Wealth LLC purchased a new position in shares of Capital Group Core Balanced ETF in the second quarter worth $214,000.

Capital Group Core Balanced ETF Stock Performance

Shares of NYSEARCA:CGBL opened at $34.75 on Friday. The firm has a market cap of $3.60 billion, a price-to-earnings ratio of 25.37 and a beta of 0.76. The firm has a fifty day moving average price of $34.49 and a 200 day moving average price of $32.97. Capital Group Core Balanced ETF has a fifty-two week low of $28.22 and a fifty-two week high of $35.13.

Capital Group Core Balanced ETF Increases Dividend

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

About Capital Group Core Balanced ETF

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.