Capital Group Core Balanced ETF $CGBL Shares Purchased by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. increased its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 17.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,252,009 shares of the company’s stock after acquiring an additional 330,471 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Capital Group Core Balanced ETF were worth $79,563,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Focus Partners Advisor Solutions LLC grew its holdings in Capital Group Core Balanced ETF by 155.5% in the third quarter. Focus Partners Advisor Solutions LLC now owns 41,249 shares of the company’s stock valued at $1,437,000 after purchasing an additional 25,105 shares during the period. Westside Investment Management Inc. grew its holdings in Capital Group Core Balanced ETF by 22.7% in the fourth quarter. Westside Investment Management Inc. now owns 146,270 shares of the company’s stock valued at $5,168,000 after purchasing an additional 27,075 shares during the period. Bleakley Financial Group LLC grew its holdings in Capital Group Core Balanced ETF by 37.3% in the third quarter. Bleakley Financial Group LLC now owns 129,953 shares of the company’s stock valued at $4,512,000 after purchasing an additional 35,271 shares during the period. Valmark Advisers Inc. grew its holdings in Capital Group Core Balanced ETF by 28.7% in the fourth quarter. Valmark Advisers Inc. now owns 118,550 shares of the company’s stock valued at $4,188,000 after purchasing an additional 26,424 shares during the period. Finally, Cullen Frost Bankers Inc. grew its holdings in Capital Group Core Balanced ETF by 23.2% in the third quarter. Cullen Frost Bankers Inc. now owns 191,255 shares of the company’s stock valued at $6,640,000 after purchasing an additional 35,975 shares during the period.

Capital Group Core Balanced ETF Trading Down 1.6%

Shares of CGBL opened at $36.95 on Friday. Capital Group Core Balanced ETF has a 12 month low of $31.52 and a 12 month high of $37.62. The stock’s 50 day moving average is $35.80 and its two-hundred day moving average is $35.68. The firm has a market cap of $6.15 billion, a P/E ratio of 25.37 and a beta of 0.69.

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. CGBL was launched on Sep 26, 2023 and is issued by Capital Group.