Sigma Planning Corp boosted its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL – Free Report) by 14.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 141,565 shares of the company’s stock after acquiring an additional 17,508 shares during the quarter. Sigma Planning Corp owned approximately 0.09% of Capital Group Core Balanced ETF worth $4,871,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CGBL. Westside Investment Management Inc. increased its holdings in shares of Capital Group Core Balanced ETF by 22.7% in the fourth quarter. Westside Investment Management Inc. now owns 146,270 shares of the company’s stock valued at $5,168,000 after purchasing an additional 27,075 shares in the last quarter. Valmark Advisers Inc. lifted its holdings in Capital Group Core Balanced ETF by 28.7% during the 4th quarter. Valmark Advisers Inc. now owns 118,550 shares of the company’s stock worth $4,188,000 after buying an additional 26,424 shares in the last quarter. CWM LLC lifted its holdings in Capital Group Core Balanced ETF by 5.7% during the 4th quarter. CWM LLC now owns 2,168,040 shares of the company’s stock worth $76,597,000 after buying an additional 117,287 shares in the last quarter. World Investment Advisors boosted its position in Capital Group Core Balanced ETF by 57.9% in the 4th quarter. World Investment Advisors now owns 273,910 shares of the company’s stock valued at $9,677,000 after buying an additional 100,405 shares during the last quarter. Finally, Clarity Wealth Advisors LLC boosted its position in Capital Group Core Balanced ETF by 39.0% in the 4th quarter. Clarity Wealth Advisors LLC now owns 206,693 shares of the company’s stock valued at $7,302,000 after buying an additional 58,004 shares during the last quarter.
Capital Group Core Balanced ETF Stock Performance
NYSEARCA CGBL opened at $37.57 on Thursday. The stock has a fifty day moving average of $37.51 and a 200-day moving average of $36.45. The stock has a market capitalization of $7.04 billion, a P/E ratio of 25.37 and a beta of 0.68. Capital Group Core Balanced ETF has a 52 week low of $33.25 and a 52 week high of $38.20.
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.
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