ORG Partners LLC Boosts Stock Holdings in Capital Group Core Balanced ETF $CGBL

ORG Partners LLC grew its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 40.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 65,790 shares of the company’s stock after buying an additional 18,784 shares during the quarter. ORG Partners LLC’s holdings in Capital Group Core Balanced ETF were worth $2,324,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of CGBL. Advance Capital Management Inc. boosted its holdings in Capital Group Core Balanced ETF by 242.6% during the 3rd quarter. Advance Capital Management Inc. now owns 9,275,964 shares of the company’s stock valued at $322,061,000 after acquiring an additional 6,568,560 shares during the period. Envestnet Asset Management Inc. raised its holdings in Capital Group Core Balanced ETF by 31.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,448,051 shares of the company’s stock valued at $189,156,000 after buying an additional 1,307,832 shares during the last quarter. Raymond James Financial Inc. raised its holdings in Capital Group Core Balanced ETF by 75.6% during the 2nd quarter. Raymond James Financial Inc. now owns 1,838,766 shares of the company’s stock valued at $61,488,000 after buying an additional 791,376 shares during the last quarter. B. Riley Wealth Advisors Inc. purchased a new stake in Capital Group Core Balanced ETF during the 2nd quarter valued at $12,843,000. Finally, Jones Financial Companies Lllp grew its holdings in Capital Group Core Balanced ETF by 56.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,009,987 shares of the company’s stock worth $35,198,000 after acquiring an additional 365,941 shares during the last quarter.

Capital Group Core Balanced ETF Stock Performance

CGBL stock opened at $33.82 on Monday. The firm’s 50-day moving average price is $35.84 and its two-hundred day moving average price is $35.37. Capital Group Core Balanced ETF has a 12-month low of $28.22 and a 12-month high of $36.71. The stock has a market capitalization of $4.57 billion, a price-to-earnings ratio of 25.37 and a beta of 0.69.

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.