Capital Group Core Balanced ETF $CGBL Shares Bought by AdvisorNet Financial Inc

AdvisorNet Financial Inc grew its holdings in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 416.7% in the first quarter, according to its most recent filing with the SEC. The firm owned 241,714 shares of the company’s stock after acquiring an additional 194,934 shares during the quarter. AdvisorNet Financial Inc’s holdings in Capital Group Core Balanced ETF were worth $8,317,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Financial Management Network Inc. raised its stake in shares of Capital Group Core Balanced ETF by 22.0% in the 1st quarter. Financial Management Network Inc. now owns 14,537 shares of the company’s stock worth $520,000 after buying an additional 2,623 shares in the last quarter. High Net Worth Advisory Group LLC raised its position in Capital Group Core Balanced ETF by 7.1% in the first quarter. High Net Worth Advisory Group LLC now owns 316,985 shares of the company’s stock worth $10,907,000 after acquiring an additional 21,148 shares in the last quarter. Greenbush Financial Group LLC raised its position in Capital Group Core Balanced ETF by 7.0% in the first quarter. Greenbush Financial Group LLC now owns 551,241 shares of the company’s stock worth $18,968,000 after acquiring an additional 36,285 shares in the last quarter. Sweeney & Michel LLC lifted its stake in Capital Group Core Balanced ETF by 42.8% during the first quarter. Sweeney & Michel LLC now owns 9,642 shares of the company’s stock valued at $348,000 after purchasing an additional 2,891 shares during the last quarter. Finally, Johnson Bixby & Associates LLC lifted its position in shares of Capital Group Core Balanced ETF by 2.0% during the 1st quarter. Johnson Bixby & Associates LLC now owns 323,272 shares of the company’s stock valued at $11,124,000 after acquiring an additional 6,437 shares during the last quarter.

Capital Group Core Balanced ETF Stock Down 0.3%

Shares of Capital Group Core Balanced ETF stock opened at $37.94 on Tuesday. The stock’s fifty day moving average is $37.14 and its 200-day moving average is $36.18. The firm has a market capitalization of $6.31 billion, a PE ratio of 25.37 and a beta of 0.69. Capital Group Core Balanced ETF has a 12-month low of $32.46 and a 12-month high of $38.20.

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.