Continuum Advisory LLC Grows Stake in Capital Group Core Balanced ETF $CGBL

Continuum Advisory LLC grew its holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 55.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 70,060 shares of the company’s stock after acquiring an additional 25,049 shares during the quarter. Continuum Advisory LLC’s holdings in Capital Group Core Balanced ETF were worth $2,475,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. CoreCap Advisors LLC increased its holdings in shares of Capital Group Core Balanced ETF by 14,657.1% in the 4th quarter. CoreCap Advisors LLC now owns 1,033 shares of the company’s stock valued at $36,000 after acquiring an additional 1,026 shares during the last quarter. US Bancorp DE grew its stake in Capital Group Core Balanced ETF by 204.6% during the 3rd quarter. US Bancorp DE now owns 1,645 shares of the company’s stock worth $57,000 after buying an additional 1,105 shares during the last quarter. Creative Financial Designs Inc. ADV grew its stake in Capital Group Core Balanced ETF by 77.4% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,306 shares of the company’s stock worth $81,000 after buying an additional 1,006 shares during the last quarter. Godfrey Financial Associates Inc. purchased a new position in Capital Group Core Balanced ETF during the 4th quarter worth approximately $84,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in Capital Group Core Balanced ETF during the 4th quarter worth approximately $86,000.

Capital Group Core Balanced ETF Stock Up 0.1%

NYSEARCA:CGBL opened at $37.85 on Friday. The stock’s 50 day moving average price is $36.44 and its 200 day moving average price is $35.94. The company has a market capitalization of $6.30 billion, a PE ratio of 25.37 and a beta of 0.69. Capital Group Core Balanced ETF has a 52-week low of $32.46 and a 52-week high of $38.05.

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