Capital Group Core Balanced ETF $CGBL Stock Bought by Sigma Planning Corp

Sigma Planning Corp grew its holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 16.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 188,565 shares of the company’s stock after purchasing an additional 26,203 shares during the period. Sigma Planning Corp owned about 0.09% of Capital Group Core Balanced ETF worth $6,930,000 at the end of the most recent quarter.

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

Capital Group Core Balanced ETF Price Performance

Capital Group Core Balanced ETF stock opened at $36.57 on Monday. The firm has a 50-day moving average of $37.50 and a 200-day moving average of $37.38. Capital Group Core Balanced ETF has a one year low of $33.67 and a one year high of $38.68. The company has a market cap of $7.87 billion, a price-to-earnings ratio of 25.37 and a beta of 0.70.

Capital Group Core Balanced ETF Increases Dividend

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