Valmark Advisers Inc. Acquires 26,424 Shares of Capital Group Core Balanced ETF $CGBL

Valmark Advisers Inc. raised its holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 28.7% in the 4th quarter, HoldingsChannel reports. The firm owned 118,550 shares of the company’s stock after purchasing an additional 26,424 shares during the quarter. Valmark Advisers Inc.’s holdings in Capital Group Core Balanced ETF were worth $4,188,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of CGBL. CoreCap Advisors LLC raised its position in Capital Group Core Balanced ETF by 14,657.1% in the 4th quarter. CoreCap Advisors LLC now owns 1,033 shares of the company’s stock valued at $36,000 after purchasing an additional 1,026 shares during the last quarter. US Bancorp DE raised its position in shares of Capital Group Core Balanced ETF by 204.6% during the third quarter. US Bancorp DE now owns 1,645 shares of the company’s stock worth $57,000 after acquiring an additional 1,105 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Capital Group Core Balanced ETF during the fourth quarter worth $86,000. Allworth Financial LP raised its position 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 worth $173,000 after acquiring an additional 311 shares during the last quarter. Finally, Alliance Wealth Advisors LLC bought a new stake in shares of Capital Group Core Balanced ETF during the fourth quarter worth $204,000.

Capital Group Core Balanced ETF Stock Up 0.2%

CGBL stock opened at $36.48 on Thursday. The company has a market cap of $5.64 billion, a P/E ratio of 25.37 and a beta of 0.71. Capital Group Core Balanced ETF has a twelve month low of $29.28 and a twelve month high of $36.71. The business has a fifty day moving average of $35.58 and a 200-day moving average of $35.40.

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.