World Investment Advisors Purchases 100,405 Shares of Capital Group Core Balanced ETF $CGBL

World Investment Advisors grew its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 57.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 273,910 shares of the company’s stock after purchasing an additional 100,405 shares during the quarter. World Investment Advisors owned approximately 0.20% of Capital Group Core Balanced ETF worth $9,273,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Focus Partners Advisor Solutions LLC boosted its position in shares of Capital Group Core Balanced ETF by 155.5% during the third quarter. Focus Partners Advisor Solutions LLC now owns 41,249 shares of the company’s stock worth $1,437,000 after acquiring an additional 25,105 shares during the last quarter. Westside Investment Management Inc. boosted its position in shares of Capital Group Core Balanced ETF by 22.7% during the fourth quarter. Westside Investment Management Inc. now owns 146,270 shares of the company’s stock worth $5,168,000 after acquiring an additional 27,075 shares during the last quarter. Bleakley Financial Group LLC boosted its position in shares of Capital Group Core Balanced ETF by 37.3% during the third quarter. Bleakley Financial Group LLC now owns 129,953 shares of the company’s stock worth $4,512,000 after acquiring an additional 35,271 shares during the last quarter. Valmark Advisers Inc. boosted its position in shares of Capital Group Core Balanced ETF by 28.7% during the fourth quarter. Valmark Advisers Inc. now owns 118,550 shares of the company’s stock worth $4,188,000 after acquiring an additional 26,424 shares during the last quarter. Finally, Cullen Frost Bankers Inc. boosted its position in shares of Capital Group Core Balanced ETF by 23.2% during the third quarter. Cullen Frost Bankers Inc. now owns 191,255 shares of the company’s stock worth $6,640,000 after acquiring an additional 35,975 shares during the last quarter.

Capital Group Core Balanced ETF Stock Performance

Shares of NYSEARCA:CGBL opened at $37.36 on Thursday. The firm has a fifty day moving average price of $35.76 and a 200 day moving average price of $35.65. Capital Group Core Balanced ETF has a fifty-two week low of $31.52 and a fifty-two week high of $37.40. The firm has a market cap of $6.22 billion, a price-to-earnings 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.