Capital Group Core Balanced ETF (NYSEARCA:CGBL) Shares Bought by Capital Management Associates Inc

Capital Management Associates Inc lifted its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 155.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 104,329 shares of the company’s stock after acquiring an additional 63,513 shares during the period. Capital Group Core Balanced ETF accounts for approximately 1.2% of Capital Management Associates Inc’s portfolio, making the stock its 16th biggest position. Capital Management Associates Inc owned about 0.73% of Capital Group Core Balanced ETF worth $3,262,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Hobbs Group Advisors LLC lifted its stake in shares of Capital Group Core Balanced ETF by 257.4% in the 3rd quarter. Hobbs Group Advisors LLC now owns 3,217 shares of the company’s stock valued at $100,000 after purchasing an additional 2,317 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Capital Group Core Balanced ETF by 39.8% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,382 shares of the company’s stock valued at $106,000 after buying an additional 962 shares during the period. Ashton Thomas Securities LLC acquired a new position in Capital Group Core Balanced ETF in the third quarter valued at about $141,000. Tudor Financial Inc. purchased a new position in Capital Group Core Balanced ETF during the fourth quarter worth about $202,000. Finally, Private Trust Co. NA increased its position in shares of Capital Group Core Balanced ETF by 28.0% during the third quarter. Private Trust Co. NA now owns 6,591 shares of the company’s stock valued at $205,000 after acquiring an additional 1,441 shares during the last quarter.

Capital Group Core Balanced ETF Stock Performance

Shares of CGBL stock opened at $32.29 on Friday. Capital Group Core Balanced ETF has a one year low of $27.66 and a one year high of $32.65. The firm’s 50 day moving average price is $31.80 and its 200-day moving average price is $31.15.

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.