Lincoln Capital LLC boosted its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL – Free Report) by 133.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 29,639 shares of the company’s stock after purchasing an additional 16,959 shares during the period. Lincoln Capital LLC’s holdings in Capital Group Core Balanced ETF were worth $1,089,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also made changes to their positions in the company. Parkside Financial Bank & Trust acquired a new stake in shares of Capital Group Core Balanced ETF in the second quarter worth $33,000. Anchor Investment Management LLC purchased a new stake in shares of Capital Group Core Balanced ETF during the 1st quarter worth about $43,000. CX Institutional acquired a new stake in shares of Capital Group Core Balanced ETF during the 3rd quarter valued at about $78,000. CoreCap Advisors LLC increased its stake in shares of Capital Group Core Balanced ETF by 130.9% in the 3rd quarter. CoreCap Advisors LLC now owns 2,122 shares of the company’s stock valued at $78,000 after purchasing an additional 1,203 shares in the last quarter. Finally, Birchwood Financial Partners Inc. purchased a new position in shares of Capital Group Core Balanced ETF in the 4th quarter valued at about $171,000.
Capital Group Core Balanced ETF Price Performance
NYSEARCA CGBL traded up $0.11 during trading hours on Friday, reaching $37.16. The company’s stock had a trading volume of 816,107 shares, compared to its average volume of 1,509,547. The firm has a market capitalization of $7.78 billion, a price-to-earnings ratio of 25.37 and a beta of 0.70. The company’s 50-day moving average is $37.77 and its two-hundred day moving average is $37.18. Capital Group Core Balanced ETF has a 1-year low of $33.67 and a 1-year high of $38.68.
Capital Group Core Balanced ETF Increases Dividend
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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