Koshinski Asset Management Inc. lifted its position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL – Free Report) by 17.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 136,129 shares of the company’s stock after purchasing an additional 19,819 shares during the period. Koshinski Asset Management Inc.’s holdings in Capital Group Core Balanced ETF were worth $4,684,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of CGBL. NewEdge Advisors LLC raised its stake in Capital Group Core Balanced ETF by 70.1% in the first quarter. NewEdge Advisors LLC now owns 33,942 shares of the company’s stock valued at $1,052,000 after buying an additional 13,986 shares in the last quarter. Jane Street Group LLC boosted its position in shares of Capital Group Core Balanced ETF by 25.4% during the 1st quarter. Jane Street Group LLC now owns 281,274 shares of the company’s stock worth $8,714,000 after acquiring an additional 57,029 shares in the last quarter. Creative Planning acquired a new position in shares of Capital Group Core Balanced ETF during the 2nd quarter worth about $218,000. JPMorgan Chase & Co. purchased a new position in shares of Capital Group Core Balanced ETF in the 2nd quarter valued at about $269,000. Finally, Diversify Wealth Management LLC increased its holdings in shares of Capital Group Core Balanced ETF by 14.0% in the 2nd quarter. Diversify Wealth Management LLC now owns 11,911 shares of the company’s stock valued at $405,000 after acquiring an additional 1,467 shares during the last quarter.
Capital Group Core Balanced ETF Stock Performance
Shares of NYSEARCA CGBL opened at $37.74 on Friday. Capital Group Core Balanced ETF has a fifty-two week low of $33.25 and a fifty-two week high of $38.20. The firm has a market capitalization of $6.95 billion, a PE ratio of 25.37 and a beta of 0.68. The stock’s 50-day simple moving average is $37.37 and its 200-day simple moving average is $36.32.
Capital Group Core Balanced ETF Company 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.
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