Balboa Wealth Partners acquired a new position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 14,723 shares of the company’s stock, valued at approximately $492,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. A&I Financial Services LLC boosted its position in Capital Group Core Balanced ETF by 4.5% during the first quarter. A&I Financial Services LLC now owns 8,179 shares of the company’s stock worth $253,000 after purchasing an additional 355 shares during the period. Certior Financial Group LLC lifted its holdings in shares of Capital Group Core Balanced ETF by 4.9% during the first quarter. Certior Financial Group LLC now owns 12,152 shares of the company’s stock worth $376,000 after buying an additional 565 shares in the last quarter. tru Independence LLC lifted its holdings in shares of Capital Group Core Balanced ETF by 7.8% during the second quarter. tru Independence LLC now owns 8,370 shares of the company’s stock worth $280,000 after buying an additional 609 shares in the last quarter. Opal Wealth Advisors LLC lifted its holdings in shares of Capital Group Core Balanced ETF by 106.9% during the second quarter. Opal Wealth Advisors LLC now owns 1,372 shares of the company’s stock worth $46,000 after buying an additional 709 shares in the last quarter. Finally, Allworth Financial LP lifted its holdings in shares of Capital Group Core Balanced ETF by 30.5% during the first quarter. Allworth Financial LP now owns 4,276 shares of the company’s stock worth $131,000 after buying an additional 1,000 shares in the last quarter.
Capital Group Core Balanced ETF Stock Performance
CGBL opened at $35.00 on Tuesday. Capital Group Core Balanced ETF has a fifty-two week low of $28.22 and a fifty-two week high of $35.13. The company has a market capitalization of $3.63 billion, a P/E ratio of 25.37 and a beta of 0.76. The stock has a fifty day moving average of $34.51 and a 200-day moving average of $33.03.
Capital Group Core Balanced ETF Increases Dividend
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.
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