J. Derek Lewis & Associates Inc. Acquires 90,606 Shares of Capital Group Core Balanced ETF $CGBL

J. Derek Lewis & Associates Inc. raised its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 7.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,236,940 shares of the company’s stock after buying an additional 90,606 shares during the period. Capital Group Core Balanced ETF accounts for approximately 9.5% of J. Derek Lewis & Associates Inc.’s portfolio, making the stock its biggest holding. J. Derek Lewis & Associates Inc. owned 0.74% of Capital Group Core Balanced ETF worth $42,618,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. CoreCap Advisors LLC increased its holdings 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 valued at $36,000 after acquiring an additional 1,026 shares during the last quarter. Anchor Investment Management LLC bought a new stake in Capital Group Core Balanced ETF during the first quarter worth approximately $43,000. US Bancorp DE boosted its position 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 boosted its position in 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 during the period. Finally, Godfrey Financial Associates Inc. acquired a new position in Capital Group Core Balanced ETF during the fourth quarter valued at approximately $84,000.

Capital Group Core Balanced ETF Stock Up 1.1%

NYSEARCA:CGBL opened at $37.25 on Friday. Capital Group Core Balanced ETF has a 12 month low of $33.25 and a 12 month high of $38.20. The firm has a market cap of $7.15 billion, a price-to-earnings ratio of 25.37 and a beta of 0.68. The company’s 50 day moving average is $37.54 and its 200-day moving average is $36.57.

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.