Quantum Financial Planning Services Inc. Has $11.27 Million Position in Capital Group Core Balanced ETF $CGBL

Quantum Financial Planning Services Inc. grew its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 15.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 319,107 shares of the company’s stock after purchasing an additional 42,091 shares during the quarter. Capital Group Core Balanced ETF makes up about 4.1% of Quantum Financial Planning Services Inc.’s portfolio, making the stock its 6th largest position. Quantum Financial Planning Services Inc.’s holdings in Capital Group Core Balanced ETF were worth $11,274,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. NWF Advisory Services Inc. lifted its holdings in Capital Group Core Balanced ETF by 1.7% in the second quarter. NWF Advisory Services Inc. now owns 18,124 shares of the company’s stock valued at $606,000 after buying an additional 309 shares during the period. Allworth Financial LP lifted its stake in shares of 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 purchasing an additional 311 shares during the period. Balboa Wealth Partners boosted its position in shares of Capital Group Core Balanced ETF by 2.3% during the 3rd quarter. Balboa Wealth Partners now owns 15,065 shares of the company’s stock valued at $523,000 after purchasing an additional 342 shares in the last quarter. Carson Advisory Inc. grew its stake in Capital Group Core Balanced ETF by 3.8% during the third quarter. Carson Advisory Inc. now owns 13,575 shares of the company’s stock worth $471,000 after purchasing an additional 500 shares during the period. Finally, M.E. Allison & CO. Inc. increased its holdings in Capital Group Core Balanced ETF by 9.6% in the fourth quarter. M.E. Allison & CO. Inc. now owns 6,535 shares of the company’s stock worth $231,000 after purchasing an additional 570 shares in the last quarter.

Capital Group Core Balanced ETF Stock Performance

Shares of CGBL opened at $33.82 on Monday. The firm has a market cap of $4.57 billion, a PE ratio of 25.37 and a beta of 0.69. Capital Group Core Balanced ETF has a 52-week low of $28.22 and a 52-week high of $36.71. The business’s 50 day moving average price is $35.84 and its two-hundred day moving average price is $35.37.

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.