Johnson Bixby & Associates LLC Has $6.92 Million Stock Position in Capital Group Core Balanced ETF $CGBL

Johnson Bixby & Associates LLC lessened its holdings in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 0.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 206,975 shares of the company’s stock after selling 1,236 shares during the quarter. Capital Group Core Balanced ETF accounts for approximately 1.0% of Johnson Bixby & Associates LLC’s holdings, making the stock its 20th largest holding. Johnson Bixby & Associates LLC owned 0.27% of Capital Group Core Balanced ETF worth $6,921,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Opal Wealth Advisors LLC grew its position in shares of Capital Group Core Balanced ETF by 106.9% in the 2nd quarter. Opal Wealth Advisors LLC now owns 1,372 shares of the company’s stock valued at $46,000 after purchasing an additional 709 shares during the period. Financial Perspectives Inc bought a new stake in Capital Group Core Balanced ETF during the 1st quarter worth about $55,000. Strategic Investment Solutions Inc. IL bought a new stake in Capital Group Core Balanced ETF during the first quarter worth about $75,000. Allworth Financial LP boosted its holdings in shares of Capital Group Core Balanced ETF by 30.5% in the 1st quarter. Allworth Financial LP now owns 4,276 shares of the company’s stock valued at $131,000 after buying an additional 1,000 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its stake in Capital Group Core Balanced ETF by 39.2% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,709 shares of the company’s stock valued at $146,000 after acquiring an additional 1,327 shares during the last quarter.

Capital Group Core Balanced ETF Stock Up 0.4%

NYSEARCA:CGBL opened at $34.85 on Friday. The firm has a market capitalization of $2.84 billion, a price-to-earnings ratio of 25.37 and a beta of 0.76. The stock’s 50 day moving average price is $34.16 and its two-hundred day moving average price is $32.59. Capital Group Core Balanced ETF has a 12-month low of $28.22 and a 12-month high of $35.08.

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.