Capital Group Core Balanced ETF $CGBL Stock Holdings Lifted by Seamount Financial Group Inc.

Seamount Financial Group Inc. boosted its holdings in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 24.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 241,321 shares of the company’s stock after buying an additional 47,538 shares during the period. Capital Group Core Balanced ETF makes up 3.7% of Seamount Financial Group Inc.’s holdings, making the stock its 5th largest position. Seamount Financial Group Inc. owned approximately 0.15% of Capital Group Core Balanced ETF worth $8,304,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its holdings in Capital Group Core Balanced ETF by 27.7% in the fourth quarter. LPL Financial LLC now owns 12,575,716 shares of the company’s stock worth $444,300,000 after acquiring an additional 2,726,819 shares in the last quarter. Advance Capital Management Inc. increased its holdings in shares of Capital Group Core Balanced ETF by 1.2% during the fourth quarter. Advance Capital Management Inc. now owns 9,385,711 shares of the company’s stock valued at $331,597,000 after acquiring an additional 109,747 shares in the last quarter. Wells Fargo & Company MN increased its holdings in shares of Capital Group Core Balanced ETF by 191.0% during the fourth quarter. Wells Fargo & Company MN now owns 4,622,130 shares of the company’s stock valued at $163,300,000 after acquiring an additional 3,033,933 shares in the last quarter. Morgan Stanley raised its position in shares of Capital Group Core Balanced ETF by 17.0% in the 4th quarter. Morgan Stanley now owns 4,062,395 shares of the company’s stock valued at $143,524,000 after purchasing an additional 590,373 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in shares of Capital Group Core Balanced ETF by 40.1% in the 4th quarter. Cetera Investment Advisers now owns 3,325,254 shares of the company’s stock valued at $117,481,000 after purchasing an additional 952,356 shares during the last quarter.

Capital Group Core Balanced ETF Stock Up 0.1%

CGBL stock opened at $37.74 on Friday. The firm has a 50 day moving average of $37.35 and a 200 day moving average of $36.31. The stock has a market capitalization of $7.07 billion, a PE ratio of 25.37 and a beta of 0.68. Capital Group Core Balanced ETF has a 52 week low of $33.25 and a 52 week 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.