Stephens Inc. AR Buys 29,760 Shares of Capital Group Core Balanced ETF $CGBL

Stephens Inc. AR lifted its stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 86.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 64,090 shares of the company’s stock after purchasing an additional 29,760 shares during the period. Stephens Inc. AR’s holdings in Capital Group Core Balanced ETF were worth $2,264,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. Compton Financial Group LLC bought a new position in shares of Capital Group Core Balanced ETF in the fourth quarter worth $799,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Capital Group Core Balanced ETF by 471.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 161,594 shares of the company’s stock worth $5,709,000 after acquiring an additional 133,318 shares during the period. Dahring Cusmano LLC boosted its holdings in shares of Capital Group Core Balanced ETF by 6.5% in the fourth quarter. Dahring Cusmano LLC now owns 59,605 shares of the company’s stock worth $2,106,000 after acquiring an additional 3,630 shares during the period. Williams & Novak LLC boosted its holdings in shares of Capital Group Core Balanced ETF by 49.1% in the fourth quarter. Williams & Novak LLC now owns 14,901 shares of the company’s stock worth $526,000 after acquiring an additional 4,907 shares during the period. Finally, PCG Wealth Advisors LLC boosted its holdings in shares of Capital Group Core Balanced ETF by 10.1% in the fourth quarter. PCG Wealth Advisors LLC now owns 225,908 shares of the company’s stock worth $7,981,000 after acquiring an additional 20,753 shares during the period.

Capital Group Core Balanced ETF Price Performance

Capital Group Core Balanced ETF stock opened at $36.86 on Tuesday. Capital Group Core Balanced ETF has a one year low of $31.52 and a one year high of $37.62. The business has a fifty day moving average price of $35.82 and a 200-day moving average price of $35.69. The firm has a market capitalization of $6.13 billion, a P/E ratio of 25.37 and a beta of 0.69.

About Capital Group Core Balanced ETF

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.