Apollon Wealth Management LLC Acquires 90,788 Shares of Capital Group Core Balanced ETF $CGBL

Apollon Wealth Management LLC lifted its holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 35.4% in the 1st quarter, Holdings Channel.com reports. The firm owned 347,520 shares of the company’s stock after buying an additional 90,788 shares during the quarter. Apollon Wealth Management LLC’s holdings in Capital Group Core Balanced ETF were worth $11,958,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Kestra Investment Management LLC lifted its stake in Capital Group Core Balanced ETF by 1.1% in the fourth quarter. Kestra Investment Management LLC now owns 25,411 shares of the company’s stock valued at $898,000 after buying an additional 276 shares in the last quarter. Vermillion & White Wealth Management Group LLC boosted its holdings in shares of Capital Group Core Balanced ETF by 3.3% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 9,004 shares of the company’s stock valued at $318,000 after buying an additional 286 shares during the period. Allworth Financial LP increased its position in shares of Capital Group Core Balanced ETF by 6.7% during the third quarter. Allworth Financial LP now owns 4,977 shares of the company’s stock worth $173,000 after acquiring an additional 311 shares in the last quarter. Beacon Financial Advisory LLC increased its position in shares of Capital Group Core Balanced ETF by 0.8% during the fourth quarter. Beacon Financial Advisory LLC now owns 43,297 shares of the company’s stock worth $1,530,000 after acquiring an additional 337 shares in the last quarter. Finally, High Falls Advisors Inc raised its holdings in shares of Capital Group Core Balanced ETF by 4.5% during the fourth quarter. High Falls Advisors Inc now owns 10,064 shares of the company’s stock worth $356,000 after acquiring an additional 429 shares during the period.

Capital Group Core Balanced ETF Price Performance

Shares of NYSEARCA:CGBL opened at $37.61 on Monday. The firm has a market cap of $6.26 billion, a price-to-earnings ratio of 25.37 and a beta of 0.69. Capital Group Core Balanced ETF has a 12 month low of $33.25 and a 12 month high of $38.20. The company’s fifty day simple moving average is $37.25 and its 200 day simple moving average is $36.25.

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.