Capital Group Core Balanced ETF $CGBL Shares Sold by Base Wealth Management LLC

Base Wealth Management LLC decreased its position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 7.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 315,259 shares of the company’s stock after selling 25,221 shares during the quarter. Capital Group Core Balanced ETF accounts for approximately 6.1% of Base Wealth Management LLC’s investment portfolio, making the stock its 3rd largest position. Base Wealth Management LLC owned 0.19% of Capital Group Core Balanced ETF worth $10,848,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of CGBL. CoreCap Advisors LLC raised its position in shares of Capital Group Core Balanced ETF by 14,657.1% in the 4th quarter. CoreCap Advisors LLC now owns 1,033 shares of the company’s stock valued at $36,000 after buying an additional 1,026 shares in the last quarter. US Bancorp DE boosted its position in shares of Capital Group Core Balanced ETF by 204.6% during the 3rd quarter. US Bancorp DE now owns 1,645 shares of the company’s stock worth $57,000 after acquiring an additional 1,105 shares in the last quarter. Creative Financial Designs Inc. ADV increased its stake in Capital Group Core Balanced ETF by 77.4% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,306 shares of the company’s stock valued at $81,000 after acquiring an additional 1,006 shares during the last quarter. Godfrey Financial Associates Inc. acquired a new position in Capital Group Core Balanced ETF during the fourth quarter valued at approximately $84,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Capital Group Core Balanced ETF during the 4th quarter worth $86,000.

Capital Group Core Balanced ETF Stock Down 0.3%

Shares of CGBL stock opened at $37.48 on Thursday. Capital Group Core Balanced ETF has a twelve month low of $33.25 and a twelve month high of $38.20. The company has a market cap of $6.92 billion, a P/E ratio of 25.37 and a beta of 0.68. The business has a fifty day simple moving average of $37.43 and a 200 day simple moving average of $36.39.

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.