CWS Financial Advisors LLC Acquires 14,886 Shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL)

CWS Financial Advisors LLC boosted its holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 51.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 43,903 shares of the company’s stock after purchasing an additional 14,886 shares during the period. Capital Group Core Balanced ETF comprises approximately 0.4% of CWS Financial Advisors LLC’s portfolio, making the stock its 29th largest holding. CWS Financial Advisors LLC’s holdings in Capital Group Core Balanced ETF were worth $1,373,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in CGBL. Confluence Wealth Services Inc. lifted its stake in Capital Group Core Balanced ETF by 252.5% in the fourth quarter. Confluence Wealth Services Inc. now owns 214,999 shares of the company’s stock worth $6,923,000 after purchasing an additional 154,001 shares during the last quarter. Endeavor Private Wealth Inc. bought a new stake in Capital Group Core Balanced ETF in the fourth quarter worth $3,842,000. High Net Worth Advisory Group LLC lifted its stake in Capital Group Core Balanced ETF by 821.8% in the fourth quarter. High Net Worth Advisory Group LLC now owns 125,600 shares of the company’s stock worth $3,928,000 after purchasing an additional 111,975 shares during the last quarter. ST Germain D J Co. Inc. lifted its stake in Capital Group Core Balanced ETF by 22.3% in the fourth quarter. ST Germain D J Co. Inc. now owns 573,172 shares of the company’s stock worth $17,923,000 after purchasing an additional 104,540 shares during the last quarter. Finally, Harbour Investments Inc. raised its stake in shares of Capital Group Core Balanced ETF by 73.0% during the third quarter. Harbour Investments Inc. now owns 222,857 shares of the company’s stock valued at $6,920,000 after acquiring an additional 94,015 shares during the last quarter.

Capital Group Core Balanced ETF Stock Down 0.3 %

Shares of NYSEARCA:CGBL opened at $32.01 on Tuesday. The company has a 50-day moving average price of $31.87 and a 200-day moving average price of $31.40. Capital Group Core Balanced ETF has a 12 month low of $27.94 and a 12 month high of $32.65.

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.