Hartmann Taylor Wealth Management LLC Purchases 15,339 Shares of Capital Group Core Balanced ETF $CGBL

Hartmann Taylor Wealth Management LLC increased its position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 5.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 323,243 shares of the company’s stock after acquiring an additional 15,339 shares during the period. Capital Group Core Balanced ETF accounts for 7.7% of Hartmann Taylor Wealth Management LLC’s holdings, making the stock its 4th biggest position. Hartmann Taylor Wealth Management LLC’s holdings in Capital Group Core Balanced ETF were worth $11,420,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. CoreCap Advisors LLC raised its stake 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 buying an additional 1,026 shares during the last quarter. US Bancorp DE grew its stake 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 valued at $57,000 after acquiring an additional 1,105 shares during the last quarter. Allworth Financial LP grew its stake in Capital Group Core Balanced ETF by 6.7% in the 3rd quarter. Allworth Financial LP now owns 4,977 shares of the company’s stock valued at $173,000 after acquiring an additional 311 shares during the last quarter. Alliance Wealth Advisors LLC purchased a new position in Capital Group Core Balanced ETF during the 4th quarter valued at about $204,000. Finally, M.E. Allison & CO. Inc. purchased a new position in Capital Group Core Balanced ETF during the 3rd quarter valued at about $207,000.

Capital Group Core Balanced ETF Trading Up 1.9%

Shares of CGBL opened at $34.41 on Wednesday. Capital Group Core Balanced ETF has a 12-month low of $28.22 and a 12-month high of $36.71. The stock has a market cap of $4.65 billion, a P/E ratio of 25.37 and a beta of 0.69. The company has a 50-day moving average of $35.76 and a two-hundred day moving average of $35.36.

Capital Group Core Balanced ETF Company 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.