Capital Group Core Balanced ETF $CGBL Shares Acquired by Prospera Financial Services Inc

Prospera Financial Services Inc lifted its holdings in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 38.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 148,080 shares of the company’s stock after acquiring an additional 41,142 shares during the period. Prospera Financial Services Inc’s holdings in Capital Group Core Balanced ETF were worth $5,232,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the company. CoreCap Advisors LLC increased its holdings in shares of Capital Group Core Balanced ETF by 14,657.1% in the fourth quarter. CoreCap Advisors LLC now owns 1,033 shares of the company’s stock valued at $36,000 after purchasing an additional 1,026 shares during the period. US Bancorp DE boosted its stake in shares of Capital Group Core Balanced ETF by 204.6% in the third quarter. US Bancorp DE now owns 1,645 shares of the company’s stock valued at $57,000 after buying an additional 1,105 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its position in Capital Group Core Balanced ETF by 77.4% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,306 shares of the company’s stock worth $81,000 after purchasing an additional 1,006 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Capital Group Core Balanced ETF during the fourth quarter worth $86,000. Finally, Cascades Capital Asset Management LLC purchased a new stake in Capital Group Core Balanced ETF during the fourth quarter worth $102,000.

Capital Group Core Balanced ETF Price Performance

Shares of NYSEARCA:CGBL opened at $37.12 on Tuesday. Capital Group Core Balanced ETF has a 52-week low of $31.52 and a 52-week high of $37.62. The stock’s fifty day simple moving average is $35.96 and its 200-day simple moving average is $35.77. The company has a market capitalization of $6.18 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.