Venture Visionary Partners LLC increased its position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL – Free Report) by 10.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 336,374 shares of the company’s stock after purchasing an additional 31,685 shares during the period. Venture Visionary Partners LLC’s holdings in Capital Group Core Balanced ETF were worth $12,362,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CGBL. LPL Financial LLC lifted its stake in Capital Group Core Balanced ETF by 27.7% in the fourth quarter. LPL Financial LLC now owns 12,575,716 shares of the company’s stock valued at $444,300,000 after acquiring an additional 2,726,819 shares during the last quarter. Advance Capital Management Inc. increased its stake in shares of Capital Group Core Balanced ETF by 27.6% during the 1st quarter. Advance Capital Management Inc. now owns 11,973,900 shares of the company’s stock worth $412,022,000 after purchasing an additional 2,588,189 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of Capital Group Core Balanced ETF by 21.8% in the 1st quarter. Cetera Investment Advisers now owns 4,048,725 shares of the company’s stock valued at $139,317,000 after purchasing an additional 723,471 shares during the period. Royal Bank of Canada raised its holdings in shares of Capital Group Core Balanced ETF by 16.2% in the 1st quarter. Royal Bank of Canada now owns 2,335,514 shares of the company’s stock valued at $80,364,000 after purchasing an additional 326,314 shares during the period. Finally, Kestra Advisory Services LLC lifted its stake in Capital Group Core Balanced ETF by 20.8% in the 1st quarter. Kestra Advisory Services LLC now owns 1,573,552 shares of the company’s stock valued at $54,146,000 after purchasing an additional 271,207 shares during the last quarter.
Capital Group Core Balanced ETF Stock Performance
Capital Group Core Balanced ETF stock traded down $0.15 during midday trading on Wednesday, reaching $37.12. 1,020,905 shares of the company’s stock were exchanged, compared to its average volume of 1,516,520. Capital Group Core Balanced ETF has a 52 week low of $33.67 and a 52 week high of $38.68. The firm has a market cap of $7.77 billion, a price-to-earnings ratio of 25.37 and a beta of 0.70. The stock’s 50-day simple moving average is $37.78 and its 200 day simple moving average is $37.16.
Capital Group Core Balanced ETF Increases Dividend
Capital Group Core Balanced ETF 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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