William John Sempolinski Acquires New Shares in Capital Group Core Balanced ETF $CGBL

William John Sempolinski bought a new stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 54,730 shares of the company’s stock, valued at approximately $2,078,000. Capital Group Core Balanced ETF accounts for about 0.8% of William John Sempolinski’s portfolio, making the stock its 28th biggest holding.

Several other institutional investors have also recently made changes to their positions in the stock. Anchor Investment Management LLC purchased a new position in shares of Capital Group Core Balanced ETF in the first quarter valued at $43,000. US Bancorp DE lifted its holdings in Capital Group Core Balanced ETF by 204.6% during the 3rd quarter. US Bancorp DE now owns 1,645 shares of the company’s stock worth $57,000 after purchasing an additional 1,105 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its stake in Capital Group Core Balanced ETF by 77.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,306 shares of the company’s stock worth $81,000 after purchasing an additional 1,006 shares during the period. Godfrey Financial Associates Inc. bought a new position in Capital Group Core Balanced ETF in the 4th quarter worth about $84,000. Finally, Cascades Capital Asset Management LLC bought a new position in Capital Group Core Balanced ETF in the 4th quarter worth about $102,000.

Capital Group Core Balanced ETF Stock Down 0.1%

CGBL stock opened at $38.12 on Friday. The stock has a 50-day simple moving average of $37.83 and a two-hundred day simple moving average of $36.92. Capital Group Core Balanced ETF has a twelve month low of $33.67 and a twelve month high of $38.68. The firm has a market capitalization of $7.37 billion, a PE ratio of 25.37 and a beta of 0.69.

Capital Group Core Balanced ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Tuesday, June 30th were given a $0.1634 dividend. This represents a $0.65 dividend on an annualized basis and a dividend yield of 1.7%. This is an increase from Capital Group Core Balanced ETF’s previous quarterly dividend of $0.13. The ex-dividend date was Tuesday, June 30th.

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.