Harbour Investments Inc. Increases Stock Position in Capital Group Core Balanced ETF $CGBL

Harbour Investments Inc. lifted its holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 37.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 611,516 shares of the company’s stock after purchasing an additional 167,943 shares during the period. Harbour Investments Inc. owned about 0.45% of Capital Group Core Balanced ETF worth $21,605,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. CoreCap Advisors LLC lifted its position in Capital Group Core Balanced ETF by 14,657.1% during the fourth 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 lifted its position in Capital Group Core Balanced ETF by 204.6% during the third quarter. US Bancorp DE now owns 1,645 shares of the company’s stock valued at $57,000 after acquiring an additional 1,105 shares during the last quarter. Creative Financial Designs Inc. ADV lifted 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 valued at $81,000 after acquiring an additional 1,006 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Capital Group Core Balanced ETF during the fourth quarter valued at approximately $86,000. Finally, Cascades Capital Asset Management LLC purchased a new stake in Capital Group Core Balanced ETF during the fourth quarter valued at approximately $102,000.

Capital Group Core Balanced ETF Price Performance

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 firm has a 50 day moving average of $35.96 and a 200 day moving average of $35.77. The stock has a market capitalization of $6.18 billion, a price-to-earnings ratio of 25.37 and a beta of 0.69.

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.