Steward Partners Investment Advisory LLC Acquires 13,980 Shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Steward Partners Investment Advisory LLC raised its holdings in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 101.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,816 shares of the company’s stock after acquiring an additional 13,980 shares during the quarter. Steward Partners Investment Advisory LLC owned approximately 0.20% of Capital Group Core Balanced ETF worth $870,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Financial Advocates Investment Management grew its stake in shares of Capital Group Core Balanced ETF by 3.0% during the 4th quarter. Financial Advocates Investment Management now owns 15,234 shares of the company’s stock worth $476,000 after acquiring an additional 440 shares in the last quarter. Lodestone Wealth Management LLC boosted its holdings in shares of Capital Group Core Balanced ETF by 5.9% in the 4th quarter. Lodestone Wealth Management LLC now owns 9,858 shares of the company’s stock valued at $308,000 after buying an additional 549 shares during the last quarter. Advisor OS LLC boosted its holdings in shares of Capital Group Core Balanced ETF by 4.0% in the 4th quarter. Advisor OS LLC now owns 15,790 shares of the company’s stock valued at $494,000 after buying an additional 612 shares during the last quarter. Davies Financial Advisors Inc. boosted its holdings in shares of Capital Group Core Balanced ETF by 1.3% in the 4th quarter. Davies Financial Advisors Inc. now owns 58,906 shares of the company’s stock valued at $1,842,000 after buying an additional 780 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Capital Group Core Balanced ETF by 39.8% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,382 shares of the company’s stock valued at $106,000 after buying an additional 962 shares during the last quarter.

Capital Group Core Balanced ETF Trading Down 1.6 %

NYSEARCA CGBL opened at $30.98 on Tuesday. The company has a market cap of $1.72 billion, a PE ratio of 26.49 and a beta of 0.76. Capital Group Core Balanced ETF has a 12 month low of $27.94 and a 12 month high of $32.65. The stock has a 50 day moving average of $31.87 and a 200-day moving average of $31.51.

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.