Capital Group Core Balanced ETF $CGBL Shares Acquired by Harbour Investments Inc.

Harbour Investments Inc. raised its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 37.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 611,516 shares of the company’s stock after purchasing an additional 167,943 shares during the quarter. Harbour Investments Inc.’s holdings in Capital Group Core Balanced ETF were worth $21,605,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. Allworth Financial LP increased its stake in 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 valued at $173,000 after purchasing an additional 311 shares in the last quarter. Balboa Wealth Partners increased its stake in 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 purchasing an additional 342 shares in the last quarter. Carson Advisory Inc. increased its stake in 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 purchasing an additional 500 shares in the last quarter. Walkner Condon Financial Advisors LLC increased its stake in Capital Group Core Balanced ETF by 4.4% during the 4th quarter. Walkner Condon Financial Advisors LLC now owns 11,937 shares of the company’s stock valued at $422,000 after purchasing an additional 500 shares in the last quarter. Finally, Western Wealth Management LLC increased its stake in Capital Group Core Balanced ETF by 1.5% during the 4th quarter. Western Wealth Management LLC now owns 34,685 shares of the company’s stock valued at $1,225,000 after purchasing an additional 524 shares in the last quarter.

Capital Group Core Balanced ETF Stock Performance

Shares of Capital Group Core Balanced ETF stock opened at $37.12 on Tuesday. The firm has a market capitalization of $6.18 billion, a price-to-earnings ratio of 25.37 and a beta of 0.69. Capital Group Core Balanced ETF has a 12-month low of $31.52 and a 12-month high of $37.62. The firm’s 50 day simple moving average is $35.96 and its two-hundred day simple moving average is $35.77.

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.