High Net Worth Advisory Group LLC Purchases 21,148 Shares of Capital Group Core Balanced ETF $CGBL

High Net Worth Advisory Group LLC raised its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 7.1% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 316,985 shares of the company’s stock after buying an additional 21,148 shares during the period. Capital Group Core Balanced ETF comprises approximately 2.5% of High Net Worth Advisory Group LLC’s holdings, making the stock its 7th largest holding. High Net Worth Advisory Group LLC owned about 0.20% of Capital Group Core Balanced ETF worth $10,907,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Westside Investment Management Inc. boosted its holdings in Capital Group Core Balanced ETF by 22.7% in the fourth quarter. Westside Investment Management Inc. now owns 146,270 shares of the company’s stock valued at $5,168,000 after acquiring an additional 27,075 shares during the last quarter. Focus Partners Advisor Solutions LLC raised its holdings in Capital Group Core Balanced ETF by 155.5% during the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 41,249 shares of the company’s stock worth $1,437,000 after purchasing an additional 25,105 shares during the last quarter. Bleakley Financial Group LLC raised its holdings in Capital Group Core Balanced ETF by 37.3% during the 3rd quarter. Bleakley Financial Group LLC now owns 129,953 shares of the company’s stock worth $4,512,000 after purchasing an additional 35,271 shares during the last quarter. Valmark Advisers Inc. lifted its position in Capital Group Core Balanced ETF by 28.7% during the 4th quarter. Valmark Advisers Inc. now owns 118,550 shares of the company’s stock valued at $4,188,000 after purchasing an additional 26,424 shares during the period. Finally, CWM LLC lifted its position in Capital Group Core Balanced ETF by 5.7% during the 4th quarter. CWM LLC now owns 2,168,040 shares of the company’s stock valued at $76,597,000 after purchasing an additional 117,287 shares during the period.

Capital Group Core Balanced ETF Trading Down 0.3%

Shares of NYSEARCA CGBL opened at $37.94 on Tuesday. Capital Group Core Balanced ETF has a 1 year low of $32.46 and a 1 year high of $38.20. The firm’s 50-day moving average is $37.14 and its 200-day moving average is $36.18. The firm has a market capitalization of $6.31 billion, a PE 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.