Capital Group Core Balanced ETF $CGBL Shares Bought by ORG Partners LLC

ORG Partners LLC increased its position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 70.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 47,006 shares of the company’s stock after purchasing an additional 19,402 shares during the period. ORG Partners LLC’s holdings in Capital Group Core Balanced ETF were worth $1,632,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Valmark Advisers Inc. boosted its holdings in shares of Capital Group Core Balanced ETF by 43.0% in the 3rd quarter. Valmark Advisers Inc. now owns 92,126 shares of the company’s stock valued at $3,199,000 after buying an additional 27,684 shares during the period. Seamount Financial Group Inc. raised its position in shares of Capital Group Core Balanced ETF by 21.7% during the 3rd quarter. Seamount Financial Group Inc. now owns 154,397 shares of the company’s stock worth $5,361,000 after purchasing an additional 27,490 shares during the period. Clarity Wealth Advisors LLC lifted its holdings in shares of Capital Group Core Balanced ETF by 39.5% in the 3rd quarter. Clarity Wealth Advisors LLC now owns 148,689 shares of the company’s stock worth $5,162,000 after purchasing an additional 42,121 shares during the last quarter. tru Independence LLC lifted its holdings in shares of Capital Group Core Balanced ETF by 32.5% in the 3rd quarter. tru Independence LLC now owns 11,091 shares of the company’s stock worth $385,000 after purchasing an additional 2,721 shares during the last quarter. Finally, Benjamin Edwards Inc. boosted its position in Capital Group Core Balanced ETF by 46.6% during the 3rd quarter. Benjamin Edwards Inc. now owns 389,669 shares of the company’s stock valued at $13,529,000 after purchasing an additional 123,776 shares during the period.

Capital Group Core Balanced ETF Price Performance

Shares of CGBL opened at $36.22 on Friday. Capital Group Core Balanced ETF has a 12 month low of $28.22 and a 12 month high of $36.24. The stock has a fifty day moving average price of $35.16 and a 200 day moving average price of $34.55. The company has a market cap of $4.56 billion, a P/E ratio of 25.37 and a beta of 0.69.

Capital Group Core Balanced ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were given a dividend of $0.2251 per share. This is an increase from Capital Group Core Balanced ETF’s previous quarterly dividend of $0.19. This represents a $0.90 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Friday, December 26th.

Capital Group Core Balanced ETF 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.