Private Advisor Group LLC Has $20.34 Million Stake in Capital Group Core Balanced ETF $CGBL

Private Advisor Group LLC grew its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 24.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 591,041 shares of the company’s stock after buying an additional 115,409 shares during the period. Private Advisor Group LLC owned approximately 0.36% of Capital Group Core Balanced ETF worth $20,338,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. CoreCap Advisors LLC raised its position in shares of Capital Group Core Balanced ETF by 14,657.1% in the 4th quarter. CoreCap Advisors LLC now owns 1,033 shares of the company’s stock valued at $36,000 after acquiring an additional 1,026 shares during the period. US Bancorp DE boosted its stake in Capital Group Core Balanced ETF by 204.6% during the 3rd quarter. US Bancorp DE now owns 1,645 shares of the company’s stock worth $57,000 after acquiring an additional 1,105 shares during the last quarter. Creative Financial Designs Inc. ADV grew its holdings in Capital Group Core Balanced ETF by 77.4% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,306 shares of the company’s stock valued at $81,000 after purchasing an additional 1,006 shares during the period. Godfrey Financial Associates Inc. acquired a new position in Capital Group Core Balanced ETF during the fourth quarter valued at approximately $84,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in Capital Group Core Balanced ETF during the fourth quarter valued at approximately $86,000.

Capital Group Core Balanced ETF Stock Performance

Shares of NYSEARCA:CGBL opened at $37.74 on Friday. The company has a 50 day moving average price of $37.37 and a two-hundred day moving average price of $36.32. The company has a market capitalization of $7.07 billion, a PE ratio of 25.37 and a beta of 0.68. Capital Group Core Balanced ETF has a 52 week low of $33.25 and a 52 week high of $38.20.

Capital Group Core Balanced ETF 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.