Capital Group Core Balanced ETF $CGBL is Seamount Financial Group Inc.’s 7th Largest Position

Seamount Financial Group Inc. raised its holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL – Free Report) by 25.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 193,783 shares of the company’s stock after buying an additional 39,386 shares during the period. Capital Group Core Balanced ETF makes up approximately 3.1% of Seamount Financial Group Inc.’s portfolio, making the stock its 7th largest position. Seamount Financial Group Inc. owned 0.15% of Capital Group Core Balanced ETF worth $6,846,000 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. CoreCap Advisors LLC boosted its position in Capital Group Core Balanced ETF by 14,657.1% in the 4th quarter. CoreCap Advisors LLC now owns 1,033 shares of the company’s stock valued at $36,000 after buying an additional 1,026 shares during the period. US Bancorp DE boosted its position in Capital Group Core Balanced ETF by 204.6% in the 3rd quarter. US Bancorp DE now owns 1,645 shares of the company’s stock valued at $57,000 after buying an additional 1,105 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Capital Group Core Balanced ETF in the 4th quarter valued at approximately $86,000. Allworth Financial LP boosted its position in Capital Group Core Balanced ETF by 6.7% in the 3rd 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. Finally, Alliance Wealth Advisors LLC purchased a new position in Capital Group Core Balanced ETF in the 4th quarter valued at approximately $204,000.

Capital Group Core Balanced ETF Trading Up 0.8%

Capital Group Core Balanced ETF stock opened at $36.39 on Wednesday. The stock has a market cap of $5.63 billion, a P/E ratio of 25.37 and a beta of 0.71. The company has a fifty day simple moving average of $35.57 and a 200-day simple moving average of $35.39. Capital Group Core Balanced ETF has a 12-month low of $29.28 and a 12-month high of $36.71.

Capital Group Core Balanced ETF Company Profile

(Free Report)

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.

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