Dahring Cusmano LLC Has $3 Million Stake in Capital Group Core Balanced ETF $CGBL

Dahring Cusmano LLC grew its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 46.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 87,228 shares of the company’s stock after purchasing an additional 27,623 shares during the quarter. Capital Group Core Balanced ETF makes up about 1.8% of Dahring Cusmano LLC’s portfolio, making the stock its 18th largest position. Dahring Cusmano LLC’s holdings in Capital Group Core Balanced ETF were worth $3,002,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. NewEdge Advisors LLC raised its stake in Capital Group Core Balanced ETF by 70.1% during the first quarter. NewEdge Advisors LLC now owns 33,942 shares of the company’s stock worth $1,052,000 after buying an additional 13,986 shares during the last quarter. Jane Street Group LLC boosted its position in Capital Group Core Balanced ETF by 25.4% during the first quarter. Jane Street Group LLC now owns 281,274 shares of the company’s stock valued at $8,714,000 after acquiring an additional 57,029 shares during the last quarter. Creative Planning bought a new stake in Capital Group Core Balanced ETF during the second quarter valued at $218,000. JPMorgan Chase & Co. acquired a new stake in Capital Group Core Balanced ETF during the 2nd quarter worth about $269,000. Finally, Diversify Wealth Management LLC grew its holdings in Capital Group Core Balanced ETF by 14.0% during the 2nd quarter. Diversify Wealth Management LLC now owns 11,911 shares of the company’s stock worth $405,000 after acquiring an additional 1,467 shares during the period.

Capital Group Core Balanced ETF Trading Down 0.5%

CGBL stock opened at $37.40 on Friday. The firm has a market cap of $7.01 billion, a PE ratio of 25.37 and a beta of 0.68. The stock has a 50-day moving average price of $37.52 and a 200-day moving average price of $36.46. Capital Group Core Balanced ETF has a 1-year low of $33.25 and a 1-year high of $38.20.

Capital Group Core Balanced ETF Company 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.