Kestra Advisory Services LLC Has $54.15 Million Stock Holdings in Capital Group Core Balanced ETF $CGBL

Kestra Advisory Services LLC grew its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 20.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,573,552 shares of the company’s stock after purchasing an additional 271,207 shares during the period. Kestra Advisory Services LLC owned about 0.95% of Capital Group Core Balanced ETF worth $54,146,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of CGBL. Richmond Investment Services LLC increased its stake in Capital Group Core Balanced ETF by 51.7% in the 1st quarter. Richmond Investment Services LLC now owns 32,589 shares of the company’s stock worth $1,121,000 after purchasing an additional 11,107 shares in the last quarter. Cvfg LLC lifted its stake in Capital Group Core Balanced ETF by 16.4% during the first quarter. Cvfg LLC now owns 143,479 shares of the company’s stock valued at $4,937,000 after buying an additional 20,196 shares in the last quarter. Advance Capital Management Inc. lifted its stake in Capital Group Core Balanced ETF by 27.6% during the first quarter. Advance Capital Management Inc. now owns 11,973,900 shares of the company’s stock valued at $412,022,000 after buying an additional 2,588,189 shares in the last quarter. Kiley Juergens Wealth Management LLC boosted its holdings in shares of Capital Group Core Balanced ETF by 6.7% in the first quarter. Kiley Juergens Wealth Management LLC now owns 24,895 shares of the company’s stock worth $857,000 after buying an additional 1,560 shares during the period. Finally, Compton Financial Group LLC boosted its holdings in shares of Capital Group Core Balanced ETF by 2,302.1% in the first quarter. Compton Financial Group LLC now owns 543,246 shares of the company’s stock worth $18,693,000 after buying an additional 520,631 shares during the period.

Capital Group Core Balanced ETF Price Performance

Capital Group Core Balanced ETF stock opened at $37.74 on Friday. Capital Group Core Balanced ETF has a fifty-two week low of $33.25 and a fifty-two week high of $38.20. The firm’s 50 day simple moving average is $37.45 and its 200-day simple moving average is $36.40. The company has a market cap of $6.97 billion, a P/E ratio of 25.37 and a beta of 0.68.

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.