Capital Group Core Balanced ETF $CGBL Shares Bought by Founders Financial Securities LLC

Founders Financial Securities LLC raised its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL – Free Report) by 20.0% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 278,522 shares of the company’s stock after buying an additional 46,387 shares during the period. Founders Financial Securities LLC’s holdings in Capital Group Core Balanced ETF were worth $9,971,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. NewEdge Advisors LLC grew its position in shares of Capital Group Core Balanced ETF by 70.1% during the 1st quarter. NewEdge Advisors LLC now owns 33,942 shares of the company’s stock valued at $1,052,000 after acquiring an additional 13,986 shares during the period. Jane Street Group LLC increased its stake in shares of Capital Group Core Balanced ETF by 25.4% in the 1st quarter. Jane Street Group LLC now owns 281,274 shares of the company’s stock valued at $8,714,000 after purchasing an additional 57,029 shares in the last quarter. Creative Planning acquired a new position in Capital Group Core Balanced ETF in the 2nd quarter worth about $218,000. JPMorgan Chase & Co. acquired a new position in Capital Group Core Balanced ETF in the 2nd quarter worth about $269,000. Finally, Diversify Wealth Management LLC raised its holdings in Capital Group Core Balanced ETF by 14.0% in the 2nd quarter. Diversify Wealth Management LLC now owns 11,911 shares of the company’s stock worth $405,000 after purchasing an additional 1,467 shares during the period.

Capital Group Core Balanced ETF Stock Performance

Shares of CGBL stock opened at $38.06 on Friday. Capital Group Core Balanced ETF has a 12-month low of $32.46 and a 12-month high of $38.20. The business’s 50 day moving average is $37.09 and its two-hundred day moving average is $36.15. The company has a market capitalization of $6.33 billion, a P/E ratio of 25.37 and a beta of 0.69.

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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