38,913 Capital Group Core Balanced ETF $CGBL Shares Sold by Quantum Financial Partners LLC

Quantum Financial Partners LLC lowered its position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 14.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 223,039 shares of the company’s stock after selling 38,913 shares during the quarter. Capital Group Core Balanced ETF makes up approximately 4.2% of Quantum Financial Partners LLC’s holdings, making the stock its 3rd biggest holding. Quantum Financial Partners LLC owned approximately 0.11% of Capital Group Core Balanced ETF worth $8,197,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Advance Capital Management Inc. raised its holdings in Capital Group Core Balanced ETF by 27.6% in the 1st quarter. Advance Capital Management Inc. now owns 11,973,900 shares of the company’s stock valued at $412,022,000 after acquiring an additional 2,588,189 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of Capital Group Core Balanced ETF by 21.8% during the 1st quarter. Cetera Investment Advisers now owns 4,048,725 shares of the company’s stock worth $139,317,000 after purchasing an additional 723,471 shares during the period. Royal Bank of Canada boosted its holdings in shares of Capital Group Core Balanced ETF by 16.2% during the first quarter. Royal Bank of Canada now owns 2,335,514 shares of the company’s stock worth $80,364,000 after purchasing an additional 326,314 shares during the last quarter. Kestra Advisory Services LLC boosted its holdings in shares of Capital Group Core Balanced ETF by 20.8% during the first quarter. Kestra Advisory Services LLC now owns 1,573,552 shares of the company’s stock worth $54,146,000 after purchasing an additional 271,207 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of Capital Group Core Balanced ETF by 55.3% during the first quarter. Janney Montgomery Scott LLC now owns 1,342,291 shares of the company’s stock worth $46,188,000 after purchasing an additional 478,121 shares during the last quarter.

Capital Group Core Balanced ETF Stock Up 0.1%

Shares of NYSEARCA:CGBL traded up $0.03 during midday trading on Monday, reaching $36.88. The company’s stock had a trading volume of 492,292 shares, compared to its average volume of 1,496,890. The firm has a market cap of $7.77 billion, a price-to-earnings ratio of 25.37 and a beta of 0.70. Capital Group Core Balanced ETF has a 1 year low of $33.67 and a 1 year high of $38.68. The business has a 50 day moving average price of $37.66 and a 200 day moving average price of $37.30.

Capital Group Core Balanced ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 30th were given a dividend of $0.2056 per share. This represents a $0.82 annualized dividend and a yield of 2.2%. This is a boost from Capital Group Core Balanced ETF’s previous quarterly dividend of $0.1634. The ex-dividend date was Wednesday, September 30th.

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.