Capital Management Associates Inc Has $9.56 Million Stock Position in Capital Group Core Balanced ETF $CGBL

Capital Management Associates Inc lifted its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 22.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 270,608 shares of the company’s stock after buying an additional 49,149 shares during the period. Capital Group Core Balanced ETF comprises approximately 2.1% of Capital Management Associates Inc’s investment portfolio, making the stock its 13th biggest position. Capital Management Associates Inc owned approximately 0.21% of Capital Group Core Balanced ETF worth $9,561,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. NWF Advisory Services Inc. grew its position in Capital Group Core Balanced ETF by 1.7% during the 2nd quarter. NWF Advisory Services Inc. now owns 18,124 shares of the company’s stock worth $606,000 after acquiring an additional 309 shares during the last quarter. Allworth Financial LP boosted its stake in shares of Capital Group Core Balanced ETF by 6.7% during the third quarter. Allworth Financial LP now owns 4,977 shares of the company’s stock valued at $173,000 after purchasing an additional 311 shares in the last quarter. Balboa Wealth Partners boosted its stake in shares of Capital Group Core Balanced ETF by 2.3% during the third quarter. Balboa Wealth Partners now owns 15,065 shares of the company’s stock valued at $523,000 after purchasing an additional 342 shares in the last quarter. Carson Advisory Inc. grew its holdings in shares of Capital Group Core Balanced ETF by 3.8% during the third quarter. Carson Advisory Inc. now owns 13,575 shares of the company’s stock worth $471,000 after purchasing an additional 500 shares during the last quarter. Finally, Walkner Condon Financial Advisors LLC grew its holdings in shares of Capital Group Core Balanced ETF by 4.4% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 11,937 shares of the company’s stock worth $422,000 after purchasing an additional 500 shares during the last quarter.

Capital Group Core Balanced ETF Price Performance

Capital Group Core Balanced ETF stock opened at $34.60 on Monday. The business has a 50 day moving average of $35.66 and a 200-day moving average of $35.35. Capital Group Core Balanced ETF has a 1 year low of $28.22 and a 1 year high of $36.71. The company has a market capitalization of $5.35 billion, a P/E ratio of 25.37 and a beta of 0.69.

About Capital Group Core Balanced ETF

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.