Continuum Advisory LLC Purchases 15,516 Shares of Capital Group Core Balanced ETF $CGBL

Continuum Advisory LLC boosted its position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 16.5% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 109,546 shares of the company’s stock after purchasing an additional 15,516 shares during the quarter. Continuum Advisory LLC’s holdings in Capital Group Core Balanced ETF were worth $4,158,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Wells Fargo & Company MN grew its position in shares of Capital Group Core Balanced ETF by 191.0% during the 4th quarter. Wells Fargo & Company MN now owns 4,622,130 shares of the company’s stock worth $163,300,000 after buying an additional 3,033,933 shares in the last quarter. LPL Financial LLC increased its stake in shares of Capital Group Core Balanced ETF by 27.7% during the fourth quarter. LPL Financial LLC now owns 12,575,716 shares of the company’s stock valued at $444,300,000 after buying an additional 2,726,819 shares during the period. Advance Capital Management Inc. raised its holdings in shares of Capital Group Core Balanced ETF by 27.6% in the first quarter. Advance Capital Management Inc. now owns 11,973,900 shares of the company’s stock valued at $412,022,000 after acquiring an additional 2,588,189 shares in the last quarter. J. Derek Lewis & Associates Inc. bought a new stake in shares of Capital Group Core Balanced ETF in the fourth quarter valued at about $40,500,000. Finally, Cetera Investment Advisers lifted its stake in Capital Group Core Balanced ETF by 40.1% in the fourth quarter. Cetera Investment Advisers now owns 3,325,254 shares of the company’s stock worth $117,481,000 after acquiring an additional 952,356 shares during the period.

Capital Group Core Balanced ETF Price Performance

NYSEARCA:CGBL opened at $37.97 on Thursday. Capital Group Core Balanced ETF has a 1-year low of $33.67 and a 1-year high of $38.68. The company has a 50-day moving average of $37.81 and a 200 day moving average of $36.90. The firm has a market cap of $7.34 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.