Capital Group Core Balanced ETF $CGBL Shares Purchased by Carson Advisory Inc.

Carson Advisory Inc. grew its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 213.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 45,656 shares of the company’s stock after buying an additional 31,081 shares during the quarter. Capital Group Core Balanced ETF comprises 0.8% of Carson Advisory Inc.’s holdings, making the stock its 27th biggest position. Carson Advisory Inc.’s holdings in Capital Group Core Balanced ETF were worth $1,571,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. CoreCap Advisors LLC boosted 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 acquiring an additional 1,026 shares in the last quarter. Anchor Investment Management LLC bought a new stake in Capital Group Core Balanced ETF during the first quarter worth approximately $43,000. US Bancorp DE lifted 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 purchasing an additional 1,105 shares during the period. Creative Financial Designs Inc. ADV lifted its position in Capital Group Core Balanced ETF by 77.4% in the fourth 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 period. Finally, Godfrey Financial Associates Inc. acquired a new stake in Capital Group Core Balanced ETF in the fourth quarter worth approximately $84,000.

Capital Group Core Balanced ETF Stock Performance

Shares of NYSEARCA CGBL opened at $37.20 on Monday. Capital Group Core Balanced ETF has a 1 year low of $33.25 and a 1 year high of $38.20. The firm has a market cap of $6.99 billion, a P/E ratio of 25.37 and a beta of 0.68. The stock has a fifty day moving average price of $37.52 and a two-hundred day moving average price of $36.48.

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.