Venture Visionary Partners LLC Buys 105,344 Shares of Capital Group Core Balanced ETF $CGBL

Venture Visionary Partners LLC boosted its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 88.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 224,211 shares of the company’s stock after purchasing an additional 105,344 shares during the period. Venture Visionary Partners LLC’s holdings in Capital Group Core Balanced ETF were worth $8,050,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Perryman Financial Advisory Inc. AD acquired a new stake in Capital Group Core Balanced ETF in the 4th quarter valued at about $315,000. MML Investors Services LLC lifted its stake in Capital Group Core Balanced ETF by 16.6% in the 4th quarter. MML Investors Services LLC now owns 976,578 shares of the company’s stock valued at $34,502,000 after purchasing an additional 139,088 shares during the last quarter. Mariner LLC lifted its stake in Capital Group Core Balanced ETF by 8.5% in the 4th quarter. Mariner LLC now owns 439,110 shares of the company’s stock valued at $15,514,000 after purchasing an additional 34,293 shares during the last quarter. Arax Advisory Partners lifted its stake in Capital Group Core Balanced ETF by 74.3% in the 4th quarter. Arax Advisory Partners now owns 11,429 shares of the company’s stock valued at $404,000 after purchasing an additional 4,872 shares during the last quarter. Finally, Jacobi Capital Management LLC acquired a new stake in Capital Group Core Balanced ETF in the 4th quarter valued at about $301,000.

Capital Group Core Balanced ETF Stock Performance

Shares of NYSEARCA:CGBL opened at $37.50 on Monday. Capital Group Core Balanced ETF has a 52-week low of $32.46 and a 52-week high of $38.05. The company has a market capitalization of $6.24 billion, a P/E ratio of 25.37 and a beta of 0.69. The company has a 50-day simple moving average of $36.79 and a 200 day simple moving average of $36.06.

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.