SFG Wealth Management LLC. Purchases New Position in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

SFG Wealth Management LLC. purchased a new position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 14,048 shares of the company’s stock, valued at approximately $435,000.

A number of other hedge funds also recently bought and sold shares of CGBL. Creative Financial Designs Inc. ADV acquired a new position in shares of Capital Group Core Balanced ETF during the 4th quarter worth approximately $41,000. Financial Perspectives Inc purchased a new position in Capital Group Core Balanced ETF during the first quarter valued at $55,000. Capital A Wealth Management LLC purchased a new stake in shares of Capital Group Core Balanced ETF during the fourth quarter worth about $64,000. Global Retirement Partners LLC lifted its stake in Capital Group Core Balanced ETF by 420.8% in the 4th quarter. Global Retirement Partners LLC now owns 2,484 shares of the company’s stock valued at $78,000 after buying an additional 2,007 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Capital Group Core Balanced ETF by 39.2% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,709 shares of the company’s stock worth $146,000 after buying an additional 1,327 shares during the last quarter.

Capital Group Core Balanced ETF Trading Down 0.2%

NYSEARCA:CGBL opened at $33.06 on Thursday. The stock has a 50 day moving average of $31.79 and a two-hundred day moving average of $31.58. Capital Group Core Balanced ETF has a 12 month low of $28.22 and a 12 month high of $33.15. The firm has a market cap of $2.38 billion, a P/E ratio of 25.37 and a beta of 0.76.

Capital Group Core Balanced ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 31st were paid a $0.1232 dividend. The ex-dividend date of this dividend was Monday, March 31st.

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.