D.A. Davidson & CO. Grows Position in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

D.A. Davidson & CO. raised its position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 7.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 210,349 shares of the company’s stock after buying an additional 14,796 shares during the quarter. D.A. Davidson & CO.’s holdings in Capital Group Core Balanced ETF were worth $6,578,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC lifted its stake in shares of Capital Group Core Balanced ETF by 101.0% in the 4th quarter. Janney Montgomery Scott LLC now owns 127,875 shares of the company’s stock valued at $3,999,000 after purchasing an additional 64,244 shares during the last quarter. Spire Wealth Management bought a new stake in shares of Capital Group Core Balanced ETF in the 4th quarter valued at approximately $270,000. ST Germain D J Co. Inc. lifted its stake in shares of Capital Group Core Balanced ETF by 22.3% in the 4th quarter. ST Germain D J Co. Inc. now owns 573,172 shares of the company’s stock valued at $17,923,000 after purchasing an additional 104,540 shares during the last quarter. Lodestone Wealth Management LLC lifted its stake in shares of Capital Group Core Balanced ETF by 26.5% during the 3rd quarter. Lodestone Wealth Management LLC now owns 9,309 shares of the company’s stock worth $289,000 after acquiring an additional 1,951 shares during the last quarter. Finally, Tempus Wealth Planning LLC lifted its stake in shares of Capital Group Core Balanced ETF by 32.0% during the 3rd quarter. Tempus Wealth Planning LLC now owns 91,191 shares of the company’s stock worth $2,831,000 after acquiring an additional 22,120 shares during the last quarter.

Capital Group Core Balanced ETF Price Performance

Shares of CGBL stock opened at $32.55 on Thursday. Capital Group Core Balanced ETF has a 52-week low of $27.87 and a 52-week high of $32.65. The stock has a 50 day moving average price of $31.87 and a 200 day moving average price of $31.32.

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.