Capital Group Core Balanced ETF $CGBL Holdings Boosted by Worth Asset Management LLC

Worth Asset Management LLC increased its holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 14.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 197,069 shares of the company’s stock after buying an additional 24,150 shares during the quarter. Capital Group Core Balanced ETF accounts for about 3.0% of Worth Asset Management LLC’s investment portfolio, making the stock its 4th largest position. Worth Asset Management LLC’s holdings in Capital Group Core Balanced ETF were worth $6,962,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in CGBL. NWF Advisory Services Inc. increased its holdings in Capital Group Core Balanced ETF by 1.7% during the second quarter. NWF Advisory Services Inc. now owns 18,124 shares of the company’s stock valued at $606,000 after buying an additional 309 shares during the last quarter. Allworth Financial LP boosted its stake in shares of Capital Group Core Balanced ETF by 6.7% during the 3rd quarter. Allworth Financial LP now owns 4,977 shares of the company’s stock worth $173,000 after acquiring an additional 311 shares during the last quarter. Balboa Wealth Partners grew its position in shares of Capital Group Core Balanced ETF by 2.3% during the 3rd quarter. Balboa Wealth Partners now owns 15,065 shares of the company’s stock valued at $523,000 after acquiring an additional 342 shares during the period. Carson Advisory Inc. grew its position in shares of Capital Group Core Balanced ETF by 3.8% during the 3rd quarter. Carson Advisory Inc. now owns 13,575 shares of the company’s stock valued at $471,000 after acquiring an additional 500 shares during the period. Finally, M.E. Allison & CO. Inc. increased its stake in shares of Capital Group Core Balanced ETF by 9.6% in the 4th quarter. M.E. Allison & CO. Inc. now owns 6,535 shares of the company’s stock worth $231,000 after purchasing an additional 570 shares in the last quarter.

Capital Group Core Balanced ETF Stock Performance

Shares of Capital Group Core Balanced ETF stock opened at $33.82 on Friday. Capital Group Core Balanced ETF has a one year low of $28.22 and a one year high of $36.71. The stock’s fifty day moving average is $35.84 and its 200 day moving average is $35.36. The stock has a market cap of $4.57 billion, a P/E 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.