Capital Group Core Balanced ETF $CGBL Shares Acquired by Clarity Wealth Advisors LLC

Clarity Wealth Advisors LLC lifted its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 41.4% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 292,341 shares of the company’s stock after acquiring an additional 85,648 shares during the period. Capital Group Core Balanced ETF accounts for approximately 2.1% of Clarity Wealth Advisors LLC’s portfolio, making the stock its 19th biggest position. Clarity Wealth Advisors LLC’s holdings in Capital Group Core Balanced ETF were worth $10,059,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of CGBL. CoreCap Advisors LLC grew its holdings in shares of 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 valued at $36,000 after purchasing an additional 1,026 shares during the period. US Bancorp DE raised its stake in Capital Group Core Balanced ETF by 204.6% during the third quarter. US Bancorp DE now owns 1,645 shares of the company’s stock worth $57,000 after purchasing an additional 1,105 shares during the period. Creative Financial Designs Inc. ADV boosted its holdings 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 valued at $81,000 after purchasing an additional 1,006 shares during the last quarter. Godfrey Financial Associates Inc. acquired a new position in Capital Group Core Balanced ETF in the 4th quarter valued at about $84,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Capital Group Core Balanced ETF in the 4th quarter valued at approximately $86,000.

Capital Group Core Balanced ETF Price Performance

Shares of NYSEARCA CGBL opened at $37.74 on Friday. The company has a 50 day simple moving average of $37.35 and a 200-day simple moving average of $36.31. The company has a market capitalization of $7.07 billion, a P/E ratio of 25.37 and a beta of 0.68. Capital Group Core Balanced ETF has a 1 year low of $33.25 and a 1 year high of $38.20.

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. CGBL was launched on Sep 26, 2023 and is issued by Capital Group.