Envestnet Asset Management Inc. Buys 1,067,655 Shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Envestnet Asset Management Inc. increased its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 1,230.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,154,454 shares of the company’s stock after acquiring an additional 1,067,655 shares during the period. Envestnet Asset Management Inc. owned about 8.13% of Capital Group Core Balanced ETF worth $34,322,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. LPL Financial LLC raised its stake in shares of Capital Group Core Balanced ETF by 377.5% during the 2nd quarter. LPL Financial LLC now owns 1,448,597 shares of the company’s stock worth $43,067,000 after purchasing an additional 1,145,222 shares in the last quarter. Cullen Frost Bankers Inc. acquired a new position in shares of Capital Group Core Balanced ETF during the 2nd quarter worth about $1,080,000. Private Advisor Group LLC raised its holdings in shares of Capital Group Core Balanced ETF by 257.8% in the 2nd quarter. Private Advisor Group LLC now owns 65,811 shares of the company’s stock valued at $1,957,000 after purchasing an additional 47,417 shares during the period. Founders Financial Securities LLC lifted its holdings in Capital Group Core Balanced ETF by 16.3% during the 2nd quarter. Founders Financial Securities LLC now owns 76,693 shares of the company’s stock valued at $2,280,000 after purchasing an additional 10,731 shares during the last quarter. Finally, D.A. Davidson & CO. lifted its position in Capital Group Core Balanced ETF by 27.4% during the second quarter. D.A. Davidson & CO. now owns 178,632 shares of the company’s stock worth $5,311,000 after acquiring an additional 38,431 shares during the last quarter.

Capital Group Core Balanced ETF Stock Down 0.1 %

NYSEARCA:CGBL opened at $31.12 on Friday. Capital Group Core Balanced ETF has a 52 week low of $24.23 and a 52 week high of $31.60. The firm’s 50-day simple moving average is $30.20 and its 200 day simple moving average is $29.50.

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.