Capital Group Core Balanced ETF $CGBL Position Increased by UBS Group AG

UBS Group AG grew its position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 25.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 201,077 shares of the company’s stock after acquiring an additional 40,826 shares during the quarter. UBS Group AG owned about 0.15% of Capital Group Core Balanced ETF worth $7,104,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of CGBL. Allworth Financial LP lifted its holdings in Capital Group Core Balanced ETF by 6.7% in the 3rd quarter. Allworth Financial LP now owns 4,977 shares of the company’s stock valued at $173,000 after acquiring an additional 311 shares during the last quarter. Balboa Wealth Partners lifted its holdings in Capital Group Core Balanced ETF by 2.3% in the 3rd quarter. Balboa Wealth Partners now owns 15,065 shares of the company’s stock valued at $523,000 after acquiring an additional 342 shares during the last quarter. Carson Advisory Inc. lifted its holdings in Capital Group Core Balanced ETF by 3.8% in the 3rd quarter. Carson Advisory Inc. now owns 13,575 shares of the company’s stock valued at $471,000 after acquiring an additional 500 shares during the last quarter. Walkner Condon Financial Advisors LLC lifted its holdings in Capital Group Core Balanced ETF by 4.4% in the 4th quarter. Walkner Condon Financial Advisors LLC now owns 11,937 shares of the company’s stock valued at $422,000 after acquiring an additional 500 shares during the last quarter. Finally, Nautilus Advisors LLC raised its holdings in Capital Group Core Balanced ETF by 1.5% during the 4th quarter. Nautilus Advisors LLC now owns 35,378 shares of the company’s stock worth $1,250,000 after buying an additional 539 shares during the period.

Capital Group Core Balanced ETF Price Performance

Capital Group Core Balanced ETF stock opened at $36.86 on Tuesday. Capital Group Core Balanced ETF has a one year low of $31.52 and a one year high of $37.62. The company’s fifty day moving average price is $35.82 and its two-hundred day moving average price is $35.69. The company has a market capitalization of $6.13 billion, a price-to-earnings 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.