Capital Group Private Client Services Inc. Acquires 2,723 Shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Capital Group Private Client Services Inc. lifted its holdings in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 2.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 111,804 shares of the company’s stock after purchasing an additional 2,723 shares during the period. Capital Group Private Client Services Inc. owned about 0.79% of Capital Group Core Balanced ETF worth $3,255,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in CGBL. Advance Capital Management Inc. purchased a new stake in Capital Group Core Balanced ETF during the 1st quarter valued at $55,907,000. Commonwealth Equity Services LLC boosted its position in Capital Group Core Balanced ETF by 377.9% during the 1st quarter. Commonwealth Equity Services LLC now owns 720,629 shares of the company’s stock valued at $20,978,000 after buying an additional 569,828 shares during the period. Osaic Holdings Inc. boosted its position in Capital Group Core Balanced ETF by 174.3% during the 1st quarter. Osaic Holdings Inc. now owns 541,770 shares of the company’s stock valued at $15,770,000 after buying an additional 344,266 shares during the period. Cambridge Investment Research Advisors Inc. boosted its position in Capital Group Core Balanced ETF by 120.2% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 493,881 shares of the company’s stock valued at $14,377,000 after buying an additional 269,552 shares during the period. Finally, Sunbelt Securities Inc. boosted its position in Capital Group Core Balanced ETF by 71.6% during the 1st quarter. Sunbelt Securities Inc. now owns 171,175 shares of the company’s stock valued at $4,983,000 after buying an additional 71,450 shares during the period.

Capital Group Core Balanced ETF Trading Up 0.8 %

CGBL traded up $0.25 during trading on Friday, hitting $29.89. 220,558 shares of the stock traded hands, compared to its average volume of 190,951. The firm has a 50-day moving average of $29.76 and a 200 day moving average of $28.83. Capital Group Core Balanced ETF has a 12-month low of $24.23 and a 12-month high of $31.60.

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.