Capital Group Core Balanced ETF $CGBL Shares Purchased by Centaurus Financial Inc.

Centaurus Financial Inc. boosted its stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 13.5% in the first quarter, Holdings Channel.com reports. The fund owned 121,006 shares of the company’s stock after buying an additional 14,350 shares during the quarter. Centaurus Financial Inc.’s holdings in Capital Group Core Balanced ETF were worth $4,164,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. LPL Financial LLC increased its position in shares of Capital Group Core Balanced ETF by 27.7% during the fourth quarter. LPL Financial LLC now owns 12,575,716 shares of the company’s stock worth $444,300,000 after purchasing an additional 2,726,819 shares in the last quarter. Advance Capital Management Inc. boosted its position in shares of Capital Group Core Balanced ETF by 27.6% in the 1st quarter. Advance Capital Management Inc. now owns 11,973,900 shares of the company’s stock valued at $412,022,000 after purchasing an additional 2,588,189 shares during the period. Wells Fargo & Company MN boosted its position in shares of Capital Group Core Balanced ETF by 191.0% in the 4th quarter. Wells Fargo & Company MN now owns 4,622,130 shares of the company’s stock valued at $163,300,000 after purchasing an additional 3,033,933 shares during the period. Morgan Stanley boosted its position in shares of Capital Group Core Balanced ETF by 17.0% in the 4th quarter. Morgan Stanley now owns 4,062,395 shares of the company’s stock valued at $143,524,000 after purchasing an additional 590,373 shares during the period. Finally, Cetera Investment Advisers grew its stake in Capital Group Core Balanced ETF by 21.8% during the 1st quarter. Cetera Investment Advisers now owns 4,048,725 shares of the company’s stock worth $139,317,000 after buying an additional 723,471 shares during the last quarter.

Capital Group Core Balanced ETF Stock Down 1.2%

CGBL opened at $36.86 on Thursday. The firm has a market cap of $7.08 billion, a price-to-earnings ratio of 25.37 and a beta of 0.68. Capital Group Core Balanced ETF has a 52 week low of $33.25 and a 52 week high of $38.20. The business’s 50 day moving average is $37.53 and its two-hundred day moving average is $36.56.

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.