Cvfg LLC Boosts Position in Capital Group Core Balanced ETF $CGBL

Cvfg LLC raised its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 16.4% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 143,479 shares of the company’s stock after acquiring an additional 20,196 shares during the quarter. Cvfg LLC’s holdings in Capital Group Core Balanced ETF were worth $4,937,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. CoreCap Advisors LLC increased its position 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 purchasing an additional 1,026 shares during the last quarter. US Bancorp DE boosted its holdings in shares of 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 buying an additional 1,105 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its holdings 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 worth $81,000 after buying an additional 1,006 shares during the last quarter. Godfrey Financial Associates Inc. bought a new stake in Capital Group Core Balanced ETF during the fourth quarter valued at approximately $84,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in Capital Group Core Balanced ETF during the fourth quarter valued at approximately $86,000.

Capital Group Core Balanced ETF Trading Down 1.0%

Shares of CGBL stock opened at $37.61 on Wednesday. Capital Group Core Balanced ETF has a 12 month low of $33.25 and a 12 month high of $38.20. The stock has a market cap of $6.93 billion, a P/E ratio of 25.37 and a beta of 0.68. The company has a 50 day simple moving average of $37.41 and a two-hundred day simple moving average of $36.37.

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.