Burford Brothers Inc. Purchases 2,410 Shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Burford Brothers Inc. raised its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 9.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,652 shares of the company’s stock after acquiring an additional 2,410 shares during the quarter. Burford Brothers Inc. owned approximately 0.19% of Capital Group Core Balanced ETF worth $865,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC raised its position in Capital Group Core Balanced ETF by 120.8% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,153,227 shares of the company’s stock valued at $35,808,000 after purchasing an additional 630,992 shares during the last quarter. Raymond James & Associates raised its holdings in shares of Capital Group Core Balanced ETF by 2,489.3% during the third quarter. Raymond James & Associates now owns 491,605 shares of the company’s stock valued at $15,264,000 after acquiring an additional 472,619 shares in the last quarter. Cetera Investment Advisers purchased a new stake in Capital Group Core Balanced ETF in the second quarter worth $11,903,000. Private Advisor Group LLC lifted its stake in Capital Group Core Balanced ETF by 300.1% in the third quarter. Private Advisor Group LLC now owns 263,295 shares of the company’s stock worth $8,175,000 after acquiring an additional 197,484 shares during the period. Finally, Endeavor Private Wealth Inc. bought a new stake in Capital Group Core Balanced ETF in the fourth quarter valued at $3,842,000.

Capital Group Core Balanced ETF Stock Performance

Shares of NYSEARCA CGBL opened at $32.16 on Monday. The firm has a fifty day simple moving average of $31.76 and a two-hundred day simple moving average of $31.10. Capital Group Core Balanced ETF has a 12 month low of $27.60 and a 12 month high of $32.48.

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.