Venture Visionary Partners LLC Purchases 33,462 Shares of Capital Group Core Balanced ETF $CGBL

by · The Cerbat Gem

Venture Visionary Partners LLC raised its holdings in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL – Free Report) by 39.2% during the third quarter, according to its most recent filing with the SEC. The firm owned 118,867 shares of the company’s stock after purchasing an additional 33,462 shares during the period. Venture Visionary Partners LLC owned 0.12% of Capital Group Core Balanced ETF worth $4,127,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. HighTower Advisors LLC boosted its stake in shares of Capital Group Core Balanced ETF by 44.0% during the first quarter. HighTower Advisors LLC now owns 169,692 shares of the company’s stock valued at $5,257,000 after purchasing an additional 51,824 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in Capital Group Core Balanced ETF by 24.1% during the first quarter. Raymond James Financial Inc. now owns 1,047,390 shares of the company’s stock worth $32,448,000 after buying an additional 203,604 shares during the period. CWS Financial Advisors LLC boosted its position in Capital Group Core Balanced ETF by 60.9% during the 1st quarter. CWS Financial Advisors LLC now owns 70,621 shares of the company’s stock valued at $2,188,000 after acquiring an additional 26,718 shares in the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Capital Group Core Balanced ETF in the 1st quarter valued at $237,000. Finally, Smartleaf Asset Management LLC raised its position in shares of Capital Group Core Balanced ETF by 27.4% in the 1st quarter. Smartleaf Asset Management LLC now owns 296,940 shares of the company’s stock worth $9,199,000 after acquiring an additional 63,794 shares in the last quarter.

Capital Group Core Balanced ETF Price Performance

Shares of CGBL stock opened at $35.27 on Tuesday. The company has a market cap of $3.83 billion, a P/E ratio of 25.37 and a beta of 0.69. The stock’s 50-day moving average is $34.90 and its 200 day moving average is $34.18. Capital Group Core Balanced ETF has a 1-year low of $28.22 and a 1-year high of $35.76.

Capital Group Core Balanced ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were given a dividend of $0.1857 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This is a positive change from Capital Group Core Balanced ETF’s previous quarterly dividend of $0.16. This represents a $0.74 dividend on an annualized basis and a yield of 2.1%.

Capital Group Core Balanced ETF Profile

(Free Report)

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.

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