Capital Group Core Balanced ETF $CGBL Stock Holdings Raised by Old North State Wealth Management LLC

Old North State Wealth Management LLC increased its stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 77.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 33,789 shares of the company’s stock after buying an additional 14,740 shares during the quarter. Old North State Wealth Management LLC’s holdings in Capital Group Core Balanced ETF were worth $1,242,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Advance Capital Management Inc. grew its stake in shares of Capital Group Core Balanced ETF by 27.6% in the first quarter. Advance Capital Management Inc. now owns 11,973,900 shares of the company’s stock valued at $412,022,000 after buying an additional 2,588,189 shares in the last quarter. Cetera Investment Advisers increased its holdings in Capital Group Core Balanced ETF by 21.8% during the first quarter. Cetera Investment Advisers now owns 4,048,725 shares of the company’s stock worth $139,317,000 after buying an additional 723,471 shares during the last quarter. Compton Financial Group LLC raised its position in Capital Group Core Balanced ETF by 2,302.1% during the first quarter. Compton Financial Group LLC now owns 543,246 shares of the company’s stock worth $18,693,000 after acquiring an additional 520,631 shares in the last quarter. Janney Montgomery Scott LLC raised its position in 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 acquiring an additional 478,121 shares in the last quarter. Finally, Royal Bank of Canada raised its position in 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 acquiring an additional 326,314 shares in the last quarter.

Capital Group Core Balanced ETF Price Performance

Shares of CGBL stock opened at $36.81 on Friday. The stock has a market cap of $7.80 billion, a P/E ratio of 25.37 and a beta of 0.70. The company has a fifty day moving average price of $37.54 and a two-hundred day moving average price of $37.37. Capital Group Core Balanced ETF has a one year low of $33.67 and a one year high of $38.68.

Capital Group Core Balanced ETF Increases Dividend

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

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.