VVR Holdings LLC Buys New Stake in Capital Group Core Balanced ETF $CGBL

VVR Holdings LLC acquired a new position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 71,348 shares of the company’s stock, valued at approximately $2,521,000. Capital Group Core Balanced ETF accounts for 1.3% of VVR Holdings LLC’s portfolio, making the stock its 18th largest position. VVR Holdings LLC owned about 0.05% of Capital Group Core Balanced ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. CoreCap Advisors LLC raised its position in shares of 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 worth $36,000 after purchasing an additional 1,026 shares during the last quarter. US Bancorp DE boosted its holdings in Capital Group Core Balanced ETF by 204.6% in the 3rd quarter. US Bancorp DE now owns 1,645 shares of the company’s stock worth $57,000 after buying an additional 1,105 shares during the last quarter. Creative Financial Designs Inc. ADV increased its stake in Capital Group Core Balanced ETF by 77.4% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,306 shares of the company’s stock worth $81,000 after buying an additional 1,006 shares in the last quarter. Godfrey Financial Associates Inc. purchased a new stake in Capital Group Core Balanced ETF during the 4th quarter worth approximately $84,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Capital Group Core Balanced ETF during the fourth quarter valued at approximately $86,000.

Capital Group Core Balanced ETF Price Performance

NYSEARCA CGBL opened at $37.10 on Tuesday. The stock’s 50 day simple moving average is $36.54 and its 200-day simple moving average is $35.98. The company has a market cap of $6.17 billion, a PE ratio of 25.37 and a beta of 0.69. Capital Group Core Balanced ETF has a 1-year low of $32.46 and a 1-year high of $38.05.

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. CGBL was launched on Sep 26, 2023 and is issued by Capital Group.