Capital Group Core Balanced ETF $CGBL Shares Bought by Bleakley Financial Group LLC

Bleakley Financial Group LLC grew its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 18.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 165,049 shares of the company’s stock after purchasing an additional 25,696 shares during the period. Bleakley Financial Group LLC’s holdings in Capital Group Core Balanced ETF were worth $5,679,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Kestra Investment Management LLC increased its holdings in shares of Capital Group Core Balanced ETF by 1.1% in the 4th quarter. Kestra Investment Management LLC now owns 25,411 shares of the company’s stock valued at $898,000 after purchasing an additional 276 shares in the last quarter. Vermillion & White Wealth Management Group LLC boosted its holdings in Capital Group Core Balanced ETF by 3.3% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 9,004 shares of the company’s stock worth $318,000 after buying an additional 286 shares in the last quarter. Allworth Financial LP grew its position in Capital Group Core Balanced ETF by 6.7% during the third quarter. Allworth Financial LP now owns 4,977 shares of the company’s stock worth $173,000 after buying an additional 311 shares during the period. Beacon Financial Advisory LLC grew its position in Capital Group Core Balanced ETF by 0.8% during the fourth quarter. Beacon Financial Advisory LLC now owns 43,297 shares of the company’s stock worth $1,530,000 after buying an additional 337 shares during the period. Finally, Simplicity Wealth LLC increased its holdings in Capital Group Core Balanced ETF by 4.4% in the first quarter. Simplicity Wealth LLC now owns 8,718 shares of the company’s stock valued at $300,000 after buying an additional 367 shares in the last quarter.

Capital Group Core Balanced ETF Trading Up 0.2%

CGBL stock opened at $37.43 on Wednesday. The firm has a 50 day moving average of $37.51 and a 200-day moving average of $36.44. Capital Group Core Balanced ETF has a 12-month low of $33.25 and a 12-month high of $38.20. The company has a market cap of $7.02 billion, a price-to-earnings ratio of 25.37 and a beta of 0.68.

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.