Capital Group Core Balanced ETF $CGBL Shares Bought by Clg LLC

Clg LLC raised its holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 31.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 164,351 shares of the company’s stock after purchasing an additional 39,576 shares during the period. Capital Group Core Balanced ETF comprises 1.4% of Clg LLC’s holdings, making the stock its 16th largest position. Clg LLC owned about 0.13% of Capital Group Core Balanced ETF worth $5,807,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Quantum Financial Planning Services Inc. raised its stake in shares of Capital Group Core Balanced ETF by 15.2% during the 4th quarter. Quantum Financial Planning Services Inc. now owns 319,107 shares of the company’s stock worth $11,274,000 after buying an additional 42,091 shares during the period. ORG Partners LLC grew its stake in Capital Group Core Balanced ETF by 40.0% in the 4th quarter. ORG Partners LLC now owns 65,790 shares of the company’s stock valued at $2,324,000 after acquiring an additional 18,784 shares during the period. AA Financial Advisors LLC increased its holdings in Capital Group Core Balanced ETF by 2.0% in the 4th quarter. AA Financial Advisors LLC now owns 64,843 shares of the company’s stock worth $2,291,000 after acquiring an additional 1,299 shares in the last quarter. Lantz Financial LLC purchased a new stake in Capital Group Core Balanced ETF in the 4th quarter worth $525,000. Finally, Alliance Wealth Advisors LLC acquired a new position in Capital Group Core Balanced ETF during the fourth quarter worth $204,000.

Capital Group Core Balanced ETF Stock Down 0.1%

CGBL opened at $33.78 on Tuesday. The company has a market cap of $4.56 billion, a price-to-earnings ratio of 25.37 and a beta of 0.69. Capital Group Core Balanced ETF has a 52-week low of $28.22 and a 52-week high of $36.71. The firm’s fifty day simple moving average is $35.79 and its two-hundred day simple moving average is $35.36.

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.