Allworth Financial LP Takes Position in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Allworth Financial LP acquired a new stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,276 shares of the company’s stock, valued at approximately $105,000.

Several other large investors have also made changes to their positions in CGBL. Strategic Financial Concepts LLC purchased a new stake in Capital Group Core Balanced ETF during the fourth quarter worth $1,886,000. Lodestone Wealth Management LLC boosted its holdings in Capital Group Core Balanced ETF by 5.9% during the fourth quarter. Lodestone Wealth Management LLC now owns 9,858 shares of the company’s stock worth $308,000 after buying an additional 549 shares in the last quarter. Nations Financial Group Inc. IA ADV purchased a new stake in Capital Group Core Balanced ETF during the fourth quarter worth $238,000. WealthPLAN Partners LLC purchased a new stake in Capital Group Core Balanced ETF during the fourth quarter worth $731,000. Finally, Latitude Advisors LLC boosted its holdings in Capital Group Core Balanced ETF by 58.8% during the fourth quarter. Latitude Advisors LLC now owns 13,078 shares of the company’s stock worth $409,000 after buying an additional 4,843 shares in the last quarter.

Capital Group Core Balanced ETF Price Performance

Shares of NYSEARCA CGBL opened at $32.12 on Monday. The company’s fifty day moving average price is $31.88 and its 200 day moving average price is $31.38. Capital Group Core Balanced ETF has a 1 year low of $27.94 and a 1 year high of $32.65.

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.