Capital Group Core Balanced ETF $CGBL Shares Acquired by PCG Wealth Advisors LLC

PCG Wealth Advisors LLC grew its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 10.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 225,908 shares of the company’s stock after purchasing an additional 20,753 shares during the period. Capital Group Core Balanced ETF makes up 2.3% of PCG Wealth Advisors LLC’s investment portfolio, making the stock its 8th biggest holding. PCG Wealth Advisors LLC owned about 0.17% of Capital Group Core Balanced ETF worth $7,981,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in CGBL. CoreCap Advisors LLC increased its position in Capital Group Core Balanced ETF by 14,657.1% in the 4th quarter. CoreCap Advisors LLC now owns 1,033 shares of the company’s stock valued at $36,000 after buying an additional 1,026 shares in the last quarter. US Bancorp DE boosted its holdings in Capital Group Core Balanced ETF by 204.6% in the third quarter. US Bancorp DE now owns 1,645 shares of the company’s stock worth $57,000 after acquiring an additional 1,105 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in Capital Group Core Balanced ETF in the fourth quarter worth approximately $86,000. Cascades Capital Asset Management LLC acquired a new stake in Capital Group Core Balanced ETF in the fourth quarter valued at approximately $102,000. Finally, Allworth Financial LP grew its stake in Capital Group Core Balanced ETF by 6.7% in the third 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 period.

Capital Group Core Balanced ETF Stock Up 0.5%

Shares of NYSEARCA:CGBL opened at $37.55 on Friday. Capital Group Core Balanced ETF has a twelve month low of $31.52 and a twelve month high of $37.62. The stock’s 50 day moving average is $35.79 and its 200-day moving average is $35.67. The firm has a market capitalization of $6.25 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.