Assetmark Inc. Has $7.96 Million Stock Holdings in Capital Group Core Balanced ETF $CGBL

Assetmark Inc. increased its position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 83.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 225,174 shares of the company’s stock after acquiring an additional 102,226 shares during the quarter. Assetmark Inc. owned about 0.17% of Capital Group Core Balanced ETF worth $7,955,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Westside Investment Management Inc. lifted its stake in Capital Group Core Balanced ETF by 22.7% in the fourth quarter. Westside Investment Management Inc. now owns 146,270 shares of the company’s stock valued at $5,168,000 after buying an additional 27,075 shares during the period. HBW Advisory Services LLC grew its holdings in shares of Capital Group Core Balanced ETF by 13.5% during the fourth quarter. HBW Advisory Services LLC now owns 45,475 shares of the company’s stock worth $1,607,000 after buying an additional 5,401 shares in the last quarter. High Net Worth Advisory Group LLC grew its holdings in shares of Capital Group Core Balanced ETF by 11.0% during the fourth quarter. High Net Worth Advisory Group LLC now owns 295,837 shares of the company’s stock worth $10,452,000 after buying an additional 29,324 shares in the last quarter. Smith Moore & CO. grew its holdings in shares of Capital Group Core Balanced ETF by 25.3% during the fourth quarter. Smith Moore & CO. now owns 307,520 shares of the company’s stock worth $10,865,000 after buying an additional 62,039 shares in the last quarter. Finally, Clear Creek Financial Management LLC grew its holdings in shares of Capital Group Core Balanced ETF by 9.4% during the fourth quarter. Clear Creek Financial Management LLC now owns 104,846 shares of the company’s stock worth $3,704,000 after buying an additional 8,966 shares in the last quarter.

Capital Group Core Balanced ETF Stock Performance

NYSEARCA:CGBL opened at $36.82 on Friday. The stock has a 50-day simple moving average of $35.61 and a 200 day simple moving average of $35.42. The company has a market cap of $5.92 billion, a PE ratio of 25.37 and a beta of 0.71. Capital Group Core Balanced ETF has a 52-week low of $29.28 and a 52-week high of $36.96.

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.