VVR Holdings LLC Invests $2.52 Million in Capital Group Core Balanced ETF $CGBL

VVR Holdings LLC bought a new position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) in the fourth quarter, Holdings Channel.com reports. The fund bought 71,348 shares of the company’s stock, valued at approximately $2,521,000. Capital Group Core Balanced ETF makes up approximately 1.3% of VVR Holdings LLC’s investment portfolio, making the stock its 18th biggest holding.

A number of other institutional investors have also bought and sold shares of the business. CoreCap Advisors LLC boosted its holdings in shares of Capital Group Core Balanced ETF by 14,657.1% during the 4th quarter. CoreCap Advisors LLC now owns 1,033 shares of the company’s stock worth $36,000 after purchasing an additional 1,026 shares during the last quarter. US Bancorp DE increased its holdings in shares of Capital Group Core Balanced ETF by 204.6% in the third quarter. US Bancorp DE now owns 1,645 shares of the company’s stock valued at $57,000 after purchasing an additional 1,105 shares during the last quarter. Creative Financial Designs Inc. ADV increased its holdings in shares of Capital Group Core Balanced ETF by 77.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,306 shares of the company’s stock valued at $81,000 after purchasing an additional 1,006 shares during the last quarter. Godfrey Financial Associates Inc. acquired a new stake in shares of Capital Group Core Balanced ETF in the fourth quarter valued at approximately $84,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Capital Group Core Balanced ETF in the fourth quarter valued at approximately $86,000.

Capital Group Core Balanced ETF Stock Performance

NYSEARCA:CGBL opened at $37.10 on Tuesday. Capital Group Core Balanced ETF has a one year low of $32.46 and a one year high of $38.05. The stock has a market cap of $6.17 billion, a PE ratio of 25.37 and a beta of 0.69. The stock has a 50 day moving average price of $36.54 and a 200 day moving average price of $35.98.

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.