Clarity Wealth Advisors LLC Increases Stock Position in Capital Group Core Balanced ETF $CGBL

Clarity Wealth Advisors LLC boosted its position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 41.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 292,341 shares of the company’s stock after buying an additional 85,648 shares during the quarter. Capital Group Core Balanced ETF makes up 2.1% of Clarity Wealth Advisors LLC’s holdings, making the stock its 19th biggest position. Clarity Wealth Advisors LLC owned about 0.18% of Capital Group Core Balanced ETF worth $10,059,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kestra Investment Management LLC boosted its position in Capital Group Core Balanced ETF by 1.1% during the fourth quarter. Kestra Investment Management LLC now owns 25,411 shares of the company’s stock worth $898,000 after purchasing an additional 276 shares in the last quarter. Vermillion & White Wealth Management Group LLC increased its position 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 in the last quarter. Allworth Financial LP raised its stake in shares of Capital Group Core Balanced ETF by 6.7% during the 3rd quarter. Allworth Financial LP now owns 4,977 shares of the company’s stock worth $173,000 after buying an additional 311 shares during the period. Beacon Financial Advisory LLC raised its stake in shares of Capital Group Core Balanced ETF by 0.8% during the 4th quarter. Beacon Financial Advisory LLC now owns 43,297 shares of the company’s stock worth $1,530,000 after buying an additional 337 shares during the period. Finally, High Falls Advisors Inc lifted its position in shares of Capital Group Core Balanced ETF by 4.5% during the 4th quarter. High Falls Advisors Inc now owns 10,064 shares of the company’s stock valued at $356,000 after buying an additional 429 shares in the last quarter.

Capital Group Core Balanced ETF Price Performance

Shares of NYSEARCA:CGBL opened at $37.74 on Friday. The business’s 50 day moving average price is $37.35 and its 200-day moving average price is $36.31. Capital Group Core Balanced ETF has a 1 year low of $33.25 and a 1 year high of $38.20. The firm has a market capitalization of $7.07 billion, a price-to-earnings ratio of 25.37 and a beta of 0.68.

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.