Patriot Financial Group Insurance Agency LLC Grows Position in Capital Group Core Balanced ETF $CGBL

Patriot Financial Group Insurance Agency LLC raised its stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 286.3% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 202,522 shares of the company’s stock after acquiring an additional 150,096 shares during the quarter. Patriot Financial Group Insurance Agency LLC owned approximately 0.12% of Capital Group Core Balanced ETF worth $6,969,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in CGBL. Kestra Investment Management LLC lifted its holdings in Capital Group Core Balanced ETF by 1.1% in the 4th quarter. Kestra Investment Management LLC now owns 25,411 shares of the company’s stock valued at $898,000 after purchasing an additional 276 shares in the last quarter. Vermillion & White Wealth Management Group LLC raised its position in shares of Capital Group Core Balanced ETF by 3.3% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 9,004 shares of the company’s stock valued at $318,000 after buying an additional 286 shares during the last quarter. Allworth Financial LP lifted its stake in shares of Capital Group Core Balanced ETF by 6.7% during the third quarter. Allworth Financial LP now owns 4,977 shares of the company’s stock valued at $173,000 after buying an additional 311 shares during the period. Beacon Financial Advisory LLC lifted its stake in shares of Capital Group Core Balanced ETF by 0.8% during the fourth quarter. Beacon Financial Advisory LLC now owns 43,297 shares of the company’s stock valued at $1,530,000 after buying an additional 337 shares during the period. Finally, High Falls Advisors Inc boosted its position in Capital Group Core Balanced ETF by 4.5% during the fourth quarter. High Falls Advisors Inc now owns 10,064 shares of the company’s stock worth $356,000 after acquiring an additional 429 shares during the last quarter.

Capital Group Core Balanced ETF Stock Performance

CGBL stock opened at $37.61 on Friday. The stock has a market capitalization of $6.26 billion, a P/E ratio of 25.37 and a beta of 0.69. Capital Group Core Balanced ETF has a one year low of $33.25 and a one year high of $38.20. The company has a 50 day moving average price of $37.25 and a two-hundred day moving average price of $36.24.

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.