400,367 Shares in Capital Group Core Balanced ETF (NYSEARCA:CGBL) Acquired by Cetera Investment Advisers

Cetera Investment Advisers bought a new stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 400,367 shares of the company’s stock, valued at approximately $11,903,000. Cetera Investment Advisers owned 2.82% of Capital Group Core Balanced ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the company. Taylor Financial Group Inc. acquired a new stake in Capital Group Core Balanced ETF during the 4th quarter worth about $1,721,000. Advance Capital Management Inc. acquired a new stake in Capital Group Core Balanced ETF during the first quarter worth approximately $55,907,000. CWM LLC increased its holdings in Capital Group Core Balanced ETF by 350.7% in the first quarter. CWM LLC now owns 21,581 shares of the company’s stock worth $628,000 after purchasing an additional 16,793 shares in the last quarter. Sunbelt Securities Inc. lifted its stake in Capital Group Core Balanced ETF by 71.6% in the first quarter. Sunbelt Securities Inc. now owns 171,175 shares of the company’s stock valued at $4,983,000 after buying an additional 71,450 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Capital Group Core Balanced ETF by 149.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 164,806 shares of the company’s stock worth $4,798,000 after buying an additional 98,841 shares in the last quarter.

Capital Group Core Balanced ETF Stock Up 0.5 %

Shares of CGBL stock opened at $31.10 on Friday. The firm has a 50 day moving average of $30.40 and a 200-day moving average of $29.67. Capital Group Core Balanced ETF has a 52 week low of $24.23 and a 52 week high of $31.60.

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.