Capital Group Core Balanced ETF $CGBL Shares Bought by LPL Financial LLC

LPL Financial LLC grew its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 27.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,575,716 shares of the company’s stock after acquiring an additional 2,726,819 shares during the period. LPL Financial LLC owned about 9.31% of Capital Group Core Balanced ETF worth $444,300,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Endeavor Private Wealth Inc. boosted its holdings in shares of Capital Group Core Balanced ETF by 5.7% in the 4th quarter. Endeavor Private Wealth Inc. now owns 215,086 shares of the company’s stock valued at $7,599,000 after buying an additional 11,683 shares during the period. Capital Group Private Client Services Inc. boosted its holdings in shares of Capital Group Core Balanced ETF by 5.6% in the 4th quarter. Capital Group Private Client Services Inc. now owns 207,979 shares of the company’s stock valued at $7,348,000 after buying an additional 10,981 shares during the period. Mascagni Wealth Management Inc. boosted its holdings in shares of Capital Group Core Balanced ETF by 5.2% in the 4th quarter. Mascagni Wealth Management Inc. now owns 73,035 shares of the company’s stock valued at $2,580,000 after buying an additional 3,624 shares during the period. OneAscent Financial Services LLC acquired a new position in shares of Capital Group Core Balanced ETF in the 4th quarter valued at about $275,000. Finally, J.W. Cole Advisors Inc. boosted its holdings in shares of Capital Group Core Balanced ETF by 72.4% in the 4th quarter. J.W. Cole Advisors Inc. now owns 52,094 shares of the company’s stock valued at $1,740,000 after buying an additional 21,883 shares during the period.

Capital Group Core Balanced ETF Stock Performance

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

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.