PCG Wealth Advisors LLC Increases Position in Capital Group Core Balanced ETF $CGBL

PCG Wealth Advisors LLC raised its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 10.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 225,908 shares of the company’s stock after purchasing an additional 20,753 shares during the period. Capital Group Core Balanced ETF makes up approximately 2.3% of PCG Wealth Advisors LLC’s portfolio, making the stock its 8th biggest holding. PCG Wealth Advisors LLC’s holdings in Capital Group Core Balanced ETF were worth $7,981,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. CoreCap Advisors LLC lifted its holdings in shares of 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 in the last quarter. US Bancorp DE grew 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 in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Capital Group Core Balanced ETF in the 4th quarter valued at $86,000. Cascades Capital Asset Management LLC bought a new position in Capital Group Core Balanced ETF during the 4th quarter valued at $102,000. Finally, Allworth Financial LP lifted its stake in Capital Group Core Balanced ETF by 6.7% during the 3rd quarter. Allworth Financial LP now owns 4,977 shares of the company’s stock valued at $173,000 after acquiring an additional 311 shares in the last quarter.

Capital Group Core Balanced ETF Price Performance

CGBL opened at $37.55 on Friday. Capital Group Core Balanced ETF has a 1 year low of $31.52 and a 1 year high of $37.62. The company has a market capitalization of $6.25 billion, a price-to-earnings ratio of 25.37 and a beta of 0.69. The firm’s fifty day moving average price is $35.79 and its two-hundred day moving average price is $35.67.

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.