VVR Holdings LLC Acquires 40,879 Shares of Capital Group Core Balanced ETF $CGBL

VVR Holdings LLC grew its stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 57.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 112,227 shares of the company’s stock after purchasing an additional 40,879 shares during the quarter. Capital Group Core Balanced ETF comprises approximately 2.0% of VVR Holdings LLC’s holdings, making the stock its 13th largest holding. VVR Holdings LLC owned 0.07% of Capital Group Core Balanced ETF worth $3,862,000 as of its most recent SEC filing.

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

Capital Group Core Balanced ETF Price Performance

Shares of CGBL stock opened at $38.06 on Friday. The stock has a market cap of $6.33 billion, a PE ratio of 25.37 and a beta of 0.69. The stock has a 50-day moving average of $37.09 and a 200-day moving average of $36.15. Capital Group Core Balanced ETF has a one year low of $32.46 and a one year 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.