WNY Asset Management LLC Buys Shares of 93,404 Capital Group Core Balanced ETF $CGBL

WNY Asset Management LLC bought a new position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 93,404 shares of the company’s stock, valued at approximately $3,214,000. WNY Asset Management LLC owned 0.06% of Capital Group Core Balanced ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in CGBL. NewEdge Advisors LLC increased its stake in shares of Capital Group Core Balanced ETF by 70.1% during the first quarter. NewEdge Advisors LLC now owns 33,942 shares of the company’s stock valued at $1,052,000 after buying an additional 13,986 shares during the period. Jane Street Group LLC raised its holdings in shares of Capital Group Core Balanced ETF by 25.4% in the first quarter. Jane Street Group LLC now owns 281,274 shares of the company’s stock valued at $8,714,000 after acquiring an additional 57,029 shares in the last quarter. Creative Planning purchased a new stake in Capital Group Core Balanced ETF in the second quarter worth about $218,000. JPMorgan Chase & Co. purchased a new stake in Capital Group Core Balanced ETF in the second quarter worth about $269,000. Finally, Diversify Wealth Management LLC grew its holdings in Capital Group Core Balanced ETF by 14.0% during the 2nd quarter. Diversify Wealth Management LLC now owns 11,911 shares of the company’s stock worth $405,000 after acquiring an additional 1,467 shares in the last quarter.

Capital Group Core Balanced ETF Price Performance

Shares of Capital Group Core Balanced ETF stock opened at $37.23 on Friday. The stock has a market cap of $7.15 billion, a price-to-earnings ratio of 25.37 and a beta of 0.68. The firm’s 50-day moving average is $37.54 and its two-hundred day moving average is $36.57. Capital Group Core Balanced ETF has a 1 year low of $33.25 and a 1 year high of $38.20.

Capital Group Core Balanced ETF Company 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.