UBS Group AG Has $7.10 Million Holdings in Capital Group Core Balanced ETF $CGBL

UBS Group AG lifted its stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 25.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 201,077 shares of the company’s stock after buying an additional 40,826 shares during the period. UBS Group AG’s holdings in Capital Group Core Balanced ETF were worth $7,104,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CGBL. Focus Partners Advisor Solutions LLC boosted its position in Capital Group Core Balanced ETF by 155.5% in the third quarter. Focus Partners Advisor Solutions LLC now owns 41,249 shares of the company’s stock valued at $1,437,000 after buying an additional 25,105 shares in the last quarter. Westside Investment Management Inc. increased its holdings in shares of Capital Group Core Balanced ETF by 22.7% during the fourth quarter. Westside Investment Management Inc. now owns 146,270 shares of the company’s stock worth $5,168,000 after buying an additional 27,075 shares in the last quarter. Valmark Advisers Inc. increased its holdings in shares of Capital Group Core Balanced ETF by 28.7% during the fourth quarter. Valmark Advisers Inc. now owns 118,550 shares of the company’s stock worth $4,188,000 after buying an additional 26,424 shares in the last quarter. Bleakley Financial Group LLC raised its stake in shares of Capital Group Core Balanced ETF by 37.3% in the third quarter. Bleakley Financial Group LLC now owns 129,953 shares of the company’s stock valued at $4,512,000 after acquiring an additional 35,271 shares during the last quarter. Finally, Cullen Frost Bankers Inc. boosted its holdings in shares of Capital Group Core Balanced ETF by 23.2% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 191,255 shares of the company’s stock worth $6,640,000 after acquiring an additional 35,975 shares in the last quarter.

Capital Group Core Balanced ETF Price Performance

Shares of CGBL opened at $36.86 on Tuesday. The company has a market capitalization of $6.13 billion, a P/E ratio of 25.37 and a beta of 0.69. Capital Group Core Balanced ETF has a one year low of $31.52 and a one year high of $37.62. The business’s 50 day simple moving average is $35.82 and its 200-day simple moving average is $35.69.

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.