Capital Group Core Balanced ETF $CGBL Shares Purchased by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. boosted its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 46.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 273,120 shares of the company’s stock after buying an additional 87,052 shares during the quarter. Stratos Wealth Partners LTD. owned 0.21% of Capital Group Core Balanced ETF worth $9,649,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. NWF Advisory Services Inc. raised its stake in shares of 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 buying an additional 309 shares during the last quarter. Allworth Financial LP grew its stake in Capital Group Core Balanced ETF by 6.7% in the 3rd quarter. Allworth Financial LP now owns 4,977 shares of the company’s stock valued at $173,000 after acquiring an additional 311 shares during the last quarter. Balboa Wealth Partners grew its stake in Capital Group Core Balanced ETF by 2.3% in the 3rd quarter. Balboa Wealth Partners now owns 15,065 shares of the company’s stock valued at $523,000 after acquiring an additional 342 shares during the last quarter. Carson Advisory Inc. raised its position in 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 acquiring an additional 500 shares during the last quarter. Finally, M.E. Allison & CO. Inc. lifted its holdings in shares of Capital Group Core Balanced ETF by 9.6% in the fourth quarter. M.E. Allison & CO. Inc. now owns 6,535 shares of the company’s stock valued at $231,000 after purchasing an additional 570 shares in the last quarter.

Capital Group Core Balanced ETF Price Performance

CGBL stock opened at $34.60 on Friday. The company’s 50 day simple moving average is $35.66 and its 200-day simple moving average is $35.35. Capital Group Core Balanced ETF has a 12 month low of $28.22 and a 12 month high of $36.71. The firm has a market capitalization of $5.35 billion, a PE 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.