Capital Group Core Balanced ETF (NYSEARCA:CGBL) Shares Acquired by Capital Management Associates Inc

Capital Management Associates Inc grew its holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 155.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 104,329 shares of the company’s stock after purchasing an additional 63,513 shares during the quarter. Capital Group Core Balanced ETF accounts for about 1.2% of Capital Management Associates Inc’s holdings, making the stock its 16th biggest holding. Capital Management Associates Inc’s holdings in Capital Group Core Balanced ETF were worth $3,262,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Strategic Financial Concepts LLC acquired a new position in shares of Capital Group Core Balanced ETF in the fourth quarter worth $1,886,000. Financial Advocates Investment Management boosted its holdings in Capital Group Core Balanced ETF by 3.0% in the fourth quarter. Financial Advocates Investment Management now owns 15,234 shares of the company’s stock valued at $476,000 after purchasing an additional 440 shares during the period. Beacon Financial Advisory LLC grew its stake in Capital Group Core Balanced ETF by 10.8% during the 4th quarter. Beacon Financial Advisory LLC now owns 22,055 shares of the company’s stock worth $690,000 after purchasing an additional 2,141 shares in the last quarter. Bleakley Financial Group LLC raised its position in Capital Group Core Balanced ETF by 143.0% in the 4th quarter. Bleakley Financial Group LLC now owns 50,179 shares of the company’s stock valued at $1,569,000 after purchasing an additional 29,525 shares in the last quarter. Finally, Confluence Wealth Services Inc. boosted its stake in shares of Capital Group Core Balanced ETF by 252.5% in the 4th quarter. Confluence Wealth Services Inc. now owns 214,999 shares of the company’s stock valued at $6,923,000 after buying an additional 154,001 shares during the period.

Capital Group Core Balanced ETF Price Performance

Shares of Capital Group Core Balanced ETF stock opened at $32.29 on Friday. The business has a 50-day simple moving average of $31.80 and a 200-day simple moving average of $31.15. Capital Group Core Balanced ETF has a one year low of $27.66 and a one year high of $32.65.

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.