Great Valley Advisor Group Inc. Increases Position in Capital Group Core Balanced ETF $CGBL

Great Valley Advisor Group Inc. raised its position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 25.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 496,331 shares of the company’s stock after purchasing an additional 100,713 shares during the period. Great Valley Advisor Group Inc. owned approximately 0.37% of Capital Group Core Balanced ETF worth $17,536,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. LPL Financial LLC raised its position in Capital Group Core Balanced ETF by 27.7% during the fourth quarter. LPL Financial LLC now owns 12,575,716 shares of the company’s stock valued at $444,300,000 after purchasing an additional 2,726,819 shares in the last quarter. Advance Capital Management Inc. raised its position in Capital Group Core Balanced ETF by 1.2% during the fourth quarter. Advance Capital Management Inc. now owns 9,385,711 shares of the company’s stock valued at $331,597,000 after purchasing an additional 109,747 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its position in Capital Group Core Balanced ETF by 17.2% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 2,252,009 shares of the company’s stock valued at $79,563,000 after purchasing an additional 330,471 shares in the last quarter. Raymond James Financial Inc. raised its position in Capital Group Core Balanced ETF by 20.2% during the third quarter. Raymond James Financial Inc. now owns 2,209,899 shares of the company’s stock valued at $76,728,000 after purchasing an additional 371,133 shares in the last quarter. Finally, CWM LLC raised its position in Capital Group Core Balanced ETF by 5.7% during the fourth quarter. CWM LLC now owns 2,168,040 shares of the company’s stock valued at $76,597,000 after purchasing an additional 117,287 shares in the last quarter.

Capital Group Core Balanced ETF Stock Up 1.9%

NYSEARCA CGBL opened at $37.38 on Friday. The stock’s 50-day simple moving average is $36.73 and its two-hundred day simple moving average is $36.04. Capital Group Core Balanced ETF has a twelve month low of $32.46 and a twelve month high of $38.05. The company has a market capitalization of $6.22 billion, a price-to-earnings ratio of 25.37 and a beta of 0.69.

Capital Group Core Balanced ETF Company 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.