Capital Group Core Balanced ETF $CGBL Stake Lifted by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC boosted its stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 17.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 177,002 shares of the company’s stock after buying an additional 25,734 shares during the period. Kingsview Wealth Management LLC owned 0.13% of Capital Group Core Balanced ETF worth $6,253,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. CoreCap Advisors LLC increased its position in Capital Group Core Balanced ETF by 14,657.1% in the fourth quarter. CoreCap Advisors LLC now owns 1,033 shares of the company’s stock worth $36,000 after buying an additional 1,026 shares during the period. US Bancorp DE increased its position in Capital Group Core Balanced ETF by 204.6% in the third quarter. US Bancorp DE now owns 1,645 shares of the company’s stock worth $57,000 after buying an additional 1,105 shares during the period. Creative Financial Designs Inc. ADV grew its position in Capital Group Core Balanced ETF by 77.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,306 shares of the company’s stock worth $81,000 after purchasing an additional 1,006 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in Capital Group Core Balanced ETF in the 4th quarter worth about $86,000. Finally, Cascades Capital Asset Management LLC bought a new position in Capital Group Core Balanced ETF in the 4th quarter worth about $102,000.

Capital Group Core Balanced ETF Trading Up 0.3%

NYSEARCA CGBL opened at $37.84 on Friday. Capital Group Core Balanced ETF has a 52 week low of $31.97 and a 52 week high of $37.90. The stock has a market cap of $6.30 billion, a price-to-earnings ratio of 25.37 and a beta of 0.69. The company has a 50-day moving average price of $36.17 and a two-hundred day moving average price of $35.85.

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.