OakTrust Wealth Advisors LLC Sells 13,847 Shares of Capital Group Core Balanced ETF $CGBL

OakTrust Wealth Advisors LLC cut its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 49.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,048 shares of the company’s stock after selling 13,847 shares during the quarter. OakTrust Wealth Advisors LLC’s holdings in Capital Group Core Balanced ETF were worth $483,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in CGBL. CoreCap Advisors LLC grew its stake in shares of Capital Group Core Balanced ETF by 14,657.1% in the fourth 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 in the last quarter. US Bancorp DE increased its holdings in shares of 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 raised its position in shares of Capital Group Core Balanced ETF by 77.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,306 shares of the company’s stock valued at $81,000 after buying an additional 1,006 shares in the last quarter. Godfrey Financial Associates Inc. bought a new stake in shares of Capital Group Core Balanced ETF in the fourth quarter valued at approximately $84,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Capital Group Core Balanced ETF during the fourth quarter worth approximately $86,000.

Capital Group Core Balanced ETF Price Performance

Shares of NYSEARCA:CGBL opened at $37.92 on Tuesday. The business’s 50 day simple moving average is $37.28 and its 200 day simple moving average is $36.27. Capital Group Core Balanced ETF has a 1 year low of $33.25 and a 1 year high of $38.20. The company has a market capitalization of $6.31 billion, a P/E 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.