Englebert Financial Advisers LLC Takes $1.94 Million Position in Capital Group Core Balanced ETF $CGBL

Englebert Financial Advisers LLC bought a new stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 54,935 shares of the company’s stock, valued at approximately $1,941,000. Capital Group Core Balanced ETF comprises about 2.2% of Englebert Financial Advisers LLC’s investment portfolio, making the stock its 10th biggest position.

Other hedge funds also recently modified their holdings of the company. Creekside Partners boosted its stake in shares of Capital Group Core Balanced ETF by 230.6% in the 3rd quarter. Creekside Partners now owns 41,185 shares of the company’s stock valued at $1,430,000 after purchasing an additional 28,729 shares during the last quarter. Focus Partners Advisor Solutions LLC boosted its stake in shares of Capital Group Core Balanced ETF by 155.5% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 41,249 shares of the company’s stock valued at $1,437,000 after purchasing an additional 25,105 shares during the last quarter. Westside Investment Management Inc. boosted its stake in shares of Capital Group Core Balanced ETF by 22.7% in the 4th quarter. Westside Investment Management Inc. now owns 146,270 shares of the company’s stock valued at $5,168,000 after purchasing an additional 27,075 shares during the last quarter. Bleakley Financial Group LLC boosted its stake in shares of Capital Group Core Balanced ETF by 37.3% in the 3rd quarter. Bleakley Financial Group LLC now owns 129,953 shares of the company’s stock valued at $4,512,000 after purchasing an additional 35,271 shares during the last quarter. Finally, Valmark Advisers Inc. boosted its stake in shares of Capital Group Core Balanced ETF by 28.7% in 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 last quarter.

Capital Group Core Balanced ETF Trading Up 0.1%

Shares of NYSEARCA CGBL opened at $37.35 on Tuesday. The firm has a market capitalization of $6.22 billion, a PE ratio of 25.37 and a beta of 0.69. Capital Group Core Balanced ETF has a 1 year low of $31.52 and a 1 year high of $37.41. The firm’s 50-day moving average is $35.72 and its 200-day moving average is $35.62.

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.