Sigma Planning Corp Acquires New Stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Sigma Planning Corp acquired a new stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 66,245 shares of the company’s stock, valued at approximately $2,071,000. Sigma Planning Corp owned about 0.47% of Capital Group Core Balanced ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in CGBL. Raymond James & Associates boosted its holdings in shares of Capital Group Core Balanced ETF by 2,489.3% in 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. Wealth Enhancement Advisory Services LLC boosted its holdings in Capital Group Core Balanced ETF by 120.8% in 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 in the last quarter. Patriot Financial Group Insurance Agency LLC purchased a new stake in Capital Group Core Balanced ETF in the 3rd quarter valued at approximately $748,000. Gateway Wealth Partners LLC purchased a new stake in Capital Group Core Balanced ETF in the 3rd quarter valued at approximately $254,000. Finally, Valmark Advisers Inc. boosted its stake in shares of Capital Group Core Balanced ETF by 1.6% in the third quarter. Valmark Advisers Inc. now owns 23,072 shares of the company’s stock valued at $716,000 after buying an additional 370 shares in the last quarter.

Capital Group Core Balanced ETF Stock Performance

Capital Group Core Balanced ETF stock opened at $32.12 on Monday. Capital Group Core Balanced ETF has a 1-year low of $27.94 and a 1-year high of $32.65. The stock’s 50 day moving average price is $31.88 and its 200 day moving average price is $31.38.

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.