Capital Group Core Balanced ETF $CGBL Shares Bought by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. grew its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 139.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 88,296 shares of the company’s stock after acquiring an additional 51,396 shares during the period. Rockefeller Capital Management L.P.’s holdings in Capital Group Core Balanced ETF were worth $3,120,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of CGBL. CoreCap Advisors LLC boosted its holdings in Capital Group Core Balanced ETF by 14,657.1% during the 4th quarter. CoreCap Advisors LLC now owns 1,033 shares of the company’s stock valued at $36,000 after acquiring an additional 1,026 shares during the period. US Bancorp DE increased its stake in 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 purchasing an additional 1,105 shares during the period. Creative Financial Designs Inc. ADV lifted its position in shares of Capital Group Core Balanced ETF by 77.4% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,306 shares of the company’s stock worth $81,000 after purchasing an additional 1,006 shares in the last quarter. Godfrey Financial Associates Inc. acquired a new stake in shares of Capital Group Core Balanced ETF during the fourth quarter worth about $84,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Capital Group Core Balanced ETF in the fourth quarter valued at approximately $86,000.

Capital Group Core Balanced ETF Stock Performance

Shares of CGBL stock opened at $37.61 on Monday. Capital Group Core Balanced ETF has a fifty-two week low of $33.25 and a fifty-two week high of $38.20. The company has a 50 day moving average price of $37.25 and a 200 day moving average price of $36.25. The stock has a market capitalization of $6.26 billion, a P/E ratio of 25.37 and a beta of 0.69.

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.