WNY Asset Management LLC Makes New $3.21 Million Investment in Capital Group Core Balanced ETF $CGBL

WNY Asset Management LLC bought a new stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 93,404 shares of the company’s stock, valued at approximately $3,214,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Verus Capital Partners LLC lifted its stake in shares of Capital Group Core Balanced ETF by 8.0% during the 1st quarter. Verus Capital Partners LLC now owns 7,489 shares of the company’s stock worth $258,000 after purchasing an additional 554 shares during the last quarter. J. Derek Lewis & Associates Inc. boosted its position in Capital Group Core Balanced ETF by 7.9% during the first quarter. J. Derek Lewis & Associates Inc. now owns 1,236,940 shares of the company’s stock valued at $42,618,000 after purchasing an additional 90,606 shares in the last quarter. January Capital Advisors LLC purchased a new position in Capital Group Core Balanced ETF in the first quarter valued at about $224,000. Leigh Baldwin & CO. LLC grew its stake in Capital Group Core Balanced ETF by 2.2% in the first quarter. Leigh Baldwin & CO. LLC now owns 35,258 shares of the company’s stock valued at $1,213,000 after purchasing an additional 748 shares during the last quarter. Finally, Western Wealth Management LLC grew its stake in Capital Group Core Balanced ETF by 26.5% in the first quarter. Western Wealth Management LLC now owns 43,873 shares of the company’s stock valued at $1,510,000 after purchasing an additional 9,188 shares during the last quarter.

Capital Group Core Balanced ETF Stock Performance

Shares of Capital Group Core Balanced ETF stock opened at $37.23 on Friday. The company has a market capitalization of $7.15 billion, a PE ratio of 25.37 and a beta of 0.68. The company has a 50-day simple moving average of $37.54 and a two-hundred day simple moving average of $36.57. Capital Group Core Balanced ETF has a one year low of $33.25 and a one year high of $38.20.

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.