Asset Allocation Strategies LLC Grows Stake in Capital Group Core Balanced ETF $CGBL

Asset Allocation Strategies LLC grew its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 271.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 56,599 shares of the company’s stock after acquiring an additional 41,369 shares during the quarter. Asset Allocation Strategies LLC’s holdings in Capital Group Core Balanced ETF were worth $1,948,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of CGBL. CoreCap Advisors LLC increased its stake in Capital Group Core Balanced ETF by 14,657.1% during the 4th quarter. CoreCap Advisors LLC now owns 1,033 shares of the company’s stock valued at $36,000 after purchasing an additional 1,026 shares in the last quarter. US Bancorp DE lifted its stake in shares of Capital Group Core Balanced ETF by 204.6% in the third quarter. US Bancorp DE now owns 1,645 shares of the company’s stock worth $57,000 after buying an additional 1,105 shares in the last quarter. Creative Financial Designs Inc. ADV grew its holdings in shares of Capital Group Core Balanced ETF by 77.4% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,306 shares of the company’s stock valued at $81,000 after buying an additional 1,006 shares during the last quarter. Godfrey Financial Associates Inc. purchased a new stake in shares of Capital Group Core Balanced ETF during the fourth quarter valued at approximately $84,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Capital Group Core Balanced ETF during the fourth quarter valued at approximately $86,000.

Capital Group Core Balanced ETF Price Performance

Shares of NYSEARCA CGBL opened at $37.61 on Monday. Capital Group Core Balanced ETF has a twelve month low of $33.25 and a twelve month high of $38.20. The firm has a market cap of $6.26 billion, a P/E ratio of 25.37 and a beta of 0.69. The company has a 50 day moving average of $37.25 and a 200 day moving average of $36.25.

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.