Integrity Advisory Solutions LLC Purchases New Stake in Capital Group Core Balanced ETF $CGBL

Integrity Advisory Solutions LLC acquired a new position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 143,335 shares of the company’s stock, valued at approximately $4,977,000. Capital Group Core Balanced ETF accounts for 0.8% of Integrity Advisory Solutions LLC’s investment portfolio, making the stock its 27th biggest holding.

Several other hedge funds have also recently bought and sold shares of the company. NewEdge Advisors LLC lifted its holdings in shares of Capital Group Core Balanced ETF by 70.1% during the 1st quarter. NewEdge Advisors LLC now owns 33,942 shares of the company’s stock worth $1,052,000 after acquiring an additional 13,986 shares during the period. Jane Street Group LLC raised its position in Capital Group Core Balanced ETF by 25.4% during the first quarter. Jane Street Group LLC now owns 281,274 shares of the company’s stock valued at $8,714,000 after purchasing an additional 57,029 shares in the last quarter. Assetmark Inc. bought a new stake in Capital Group Core Balanced ETF during the second quarter worth $758,000. Mascagni Wealth Management Inc. boosted its holdings in shares of Capital Group Core Balanced ETF by 19.8% in the 2nd quarter. Mascagni Wealth Management Inc. now owns 67,080 shares of the company’s stock valued at $2,243,000 after purchasing an additional 11,088 shares in the last quarter. Finally, Prospera Financial Services Inc boosted its holdings in shares of Capital Group Core Balanced ETF by 42.4% in the 2nd quarter. Prospera Financial Services Inc now owns 87,584 shares of the company’s stock valued at $2,929,000 after purchasing an additional 26,094 shares in the last quarter.

Capital Group Core Balanced ETF Stock Performance

Capital Group Core Balanced ETF stock opened at $35.93 on Friday. Capital Group Core Balanced ETF has a 52 week low of $28.22 and a 52 week high of $36.71. The stock has a market capitalization of $4.85 billion, a P/E ratio of 25.37 and a beta of 0.69. The stock has a fifty day moving average of $36.14 and a 200-day moving average of $35.26.

Capital Group Core Balanced ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were paid a dividend of $0.2251 per share. The ex-dividend date of this dividend was Friday, December 26th. This is a positive change from Capital Group Core Balanced ETF’s previous quarterly dividend of $0.19. This represents a $0.90 annualized dividend and a yield of 2.5%.

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. CGBL was launched on Sep 26, 2023 and is issued by Capital Group.