Burford Brothers Inc. Buys 27,765 Shares of Capital Group Core Balanced ETF $CGBL

Burford Brothers Inc. boosted its stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 68.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 68,416 shares of the company’s stock after purchasing an additional 27,765 shares during the quarter. Capital Group Core Balanced ETF makes up 1.0% of Burford Brothers Inc.’s investment portfolio, making the stock its 23rd largest position. Burford Brothers Inc. owned about 0.05% of Capital Group Core Balanced ETF worth $2,417,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Advance Capital Management Inc. boosted its stake in Capital Group Core Balanced ETF by 1.2% in the 4th quarter. Advance Capital Management Inc. now owns 9,385,711 shares of the company’s stock worth $331,597,000 after purchasing an additional 109,747 shares during the period. Envestnet Asset Management Inc. boosted its stake in Capital Group Core Balanced ETF by 31.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,448,051 shares of the company’s stock worth $189,156,000 after purchasing an additional 1,307,832 shares during the period. Raymond James Financial Inc. boosted its position in shares of Capital Group Core Balanced ETF by 20.2% during the 3rd quarter. Raymond James Financial Inc. now owns 2,209,899 shares of the company’s stock valued at $76,728,000 after acquiring an additional 371,133 shares during the last quarter. CWM LLC boosted its position in shares of Capital Group Core Balanced ETF by 5.7% during the 4th quarter. CWM LLC now owns 2,168,040 shares of the company’s stock valued at $76,597,000 after acquiring an additional 117,287 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Capital Group Core Balanced ETF by 4.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,029,102 shares of the company’s stock valued at $73,129,000 after acquiring an additional 91,205 shares during the last quarter.

Capital Group Core Balanced ETF Trading Down 1.6%

Shares of CGBL opened at $36.95 on Friday. The company has a market cap of $6.15 billion, a PE ratio of 25.37 and a beta of 0.69. The stock has a 50-day moving average price of $35.80 and a 200-day moving average price of $35.68. Capital Group Core Balanced ETF has a 12-month low of $31.52 and a 12-month high of $37.62.

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. CGBL was launched on Sep 26, 2023 and is issued by Capital Group.