Gateway Wealth Partners LLC Purchases 7,772 Shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Gateway Wealth Partners LLC raised its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 95.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,953 shares of the company’s stock after buying an additional 7,772 shares during the period. Gateway Wealth Partners LLC’s holdings in Capital Group Core Balanced ETF were worth $499,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in CGBL. Hobbs Group Advisors LLC boosted its holdings in shares of Capital Group Core Balanced ETF by 257.4% in the 3rd quarter. Hobbs Group Advisors LLC now owns 3,217 shares of the company’s stock worth $100,000 after acquiring an additional 2,317 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Capital Group Core Balanced ETF by 39.8% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,382 shares of the company’s stock worth $106,000 after purchasing an additional 962 shares in the last quarter. Ashton Thomas Securities LLC acquired a new position in Capital Group Core Balanced ETF in the third quarter worth $141,000. Tudor Financial Inc. bought a new stake in shares of Capital Group Core Balanced ETF during the fourth quarter worth $202,000. Finally, Private Trust Co. NA increased its stake in shares of Capital Group Core Balanced ETF by 28.0% in the third quarter. Private Trust Co. NA now owns 6,591 shares of the company’s stock valued at $205,000 after buying an additional 1,441 shares in the last quarter.

Capital Group Core Balanced ETF Price Performance

Capital Group Core Balanced ETF stock opened at $31.98 on Thursday. Capital Group Core Balanced ETF has a 12-month low of $27.60 and a 12-month high of $32.48. The stock has a 50-day simple moving average of $31.72 and a 200 day simple moving average of $31.07.

About Capital Group Core Balanced ETF

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.