Davies Financial Advisors Inc. Buys 780 Shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Davies Financial Advisors Inc. boosted its stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 1.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,906 shares of the company’s stock after purchasing an additional 780 shares during the period. Capital Group Core Balanced ETF comprises about 1.6% of Davies Financial Advisors Inc.’s holdings, making the stock its 15th largest holding. Davies Financial Advisors Inc. owned about 0.41% of Capital Group Core Balanced ETF worth $1,842,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Advance Capital Management Inc. boosted its stake in shares of Capital Group Core Balanced ETF by 3.1% during the fourth quarter. Advance Capital Management Inc. now owns 2,160,553 shares of the company’s stock valued at $67,561,000 after purchasing an additional 65,778 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Capital Group Core Balanced ETF by 120.8% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,153,227 shares of the company’s stock valued at $35,808,000 after buying an additional 630,992 shares during the last quarter. ST Germain D J Co. Inc. boosted its position in Capital Group Core Balanced ETF by 22.3% during the 4th quarter. ST Germain D J Co. Inc. now owns 573,172 shares of the company’s stock worth $17,923,000 after buying an additional 104,540 shares during the period. Raymond James & Associates grew its holdings in Capital Group Core Balanced ETF by 2,489.3% during the 3rd quarter. Raymond James & Associates now owns 491,605 shares of the company’s stock worth $15,264,000 after acquiring an additional 472,619 shares during the last quarter. Finally, Cetera Investment Advisers acquired a new position in Capital Group Core Balanced ETF in the 2nd quarter valued at approximately $11,903,000.

Capital Group Core Balanced ETF Stock Up 0.6 %

CGBL stock opened at $31.72 on Tuesday. The company has a fifty day moving average price of $31.65 and a 200-day moving average price of $30.98. Capital Group Core Balanced ETF has a 52-week low of $27.03 and a 52-week high of $32.48.

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.