OakTrust Wealth Advisors LLC Has $483,000 Stake in Capital Group Core Balanced ETF $CGBL

OakTrust Wealth Advisors LLC reduced its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 49.6% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 14,048 shares of the company’s stock after selling 13,847 shares during the quarter. OakTrust Wealth Advisors LLC’s holdings in Capital Group Core Balanced ETF were worth $483,000 at the end of the most recent reporting period.

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

Capital Group Core Balanced ETF Price Performance

NYSEARCA CGBL opened at $37.92 on Tuesday. The business has a fifty day moving average price of $37.28 and a two-hundred day moving average price of $36.27. The stock has a market capitalization of $6.31 billion, a PE ratio of 25.37 and a beta of 0.69. Capital Group Core Balanced ETF has a fifty-two week low of $33.25 and a fifty-two week high of $38.20.

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.