Capital Group Core Balanced ETF $CGBL Shares Bought by Continuum Advisory LLC

Continuum Advisory LLC raised its stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 55.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,060 shares of the company’s stock after purchasing an additional 25,049 shares during the period. Continuum Advisory LLC owned about 0.05% of Capital Group Core Balanced ETF worth $2,475,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. Verus Capital Partners LLC acquired a new stake in Capital Group Core Balanced ETF in the 4th quarter valued at about $245,000. Vantus Wealth LLC acquired a new stake in Capital Group Core Balanced ETF in the 4th quarter valued at about $785,000. Peapack Gladstone Financial Corp purchased a new position in shares of Capital Group Core Balanced ETF in the 4th quarter valued at about $232,000. Essex Financial Services Inc. increased its holdings in shares of Capital Group Core Balanced ETF by 21.3% in the 4th quarter. Essex Financial Services Inc. now owns 163,619 shares of the company’s stock valued at $5,781,000 after acquiring an additional 28,715 shares during the last quarter. Finally, Founders Financial Securities LLC increased its holdings in shares of Capital Group Core Balanced ETF by 24.1% in the 4th quarter. Founders Financial Securities LLC now owns 232,135 shares of the company’s stock valued at $8,201,000 after acquiring an additional 45,069 shares during the last quarter.

Capital Group Core Balanced ETF Stock Performance

CGBL opened at $37.85 on Friday. Capital Group Core Balanced ETF has a one year low of $32.46 and a one year high of $38.05. The company has a market cap of $6.30 billion, a P/E ratio of 25.37 and a beta of 0.69. The business’s 50-day simple moving average is $36.44 and its 200-day simple moving average is $35.94.

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