Dahring Cusmano LLC Has $3 Million Stock Position in Capital Group Core Balanced ETF $CGBL

Dahring Cusmano LLC grew its holdings in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 46.3% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 87,228 shares of the company’s stock after acquiring an additional 27,623 shares during the period. Capital Group Core Balanced ETF comprises 1.8% of Dahring Cusmano LLC’s holdings, making the stock its 18th largest holding. Dahring Cusmano LLC owned about 0.05% of Capital Group Core Balanced ETF worth $3,002,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of CGBL. Birchwood Financial Partners Inc. lifted its holdings in shares of Capital Group Core Balanced ETF by 123.1% during the first quarter. Birchwood Financial Partners Inc. now owns 10,770 shares of the company’s stock worth $371,000 after purchasing an additional 5,942 shares during the period. D.A. Davidson & CO. increased its holdings in Capital Group Core Balanced ETF by 19.4% in the first quarter. D.A. Davidson & CO. now owns 352,726 shares of the company’s stock valued at $12,137,000 after purchasing an additional 57,423 shares during the period. Bank of New York Mellon Corp increased its holdings in Capital Group Core Balanced ETF by 244.5% in the first quarter. Bank of New York Mellon Corp now owns 44,432 shares of the company’s stock valued at $1,529,000 after purchasing an additional 31,534 shares during the period. Harmony Asset Management LLC raised its position in Capital Group Core Balanced ETF by 7.0% during the 1st quarter. Harmony Asset Management LLC now owns 6,333 shares of the company’s stock worth $218,000 after purchasing an additional 414 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its position in Capital Group Core Balanced ETF by 3.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 280,360 shares of the company’s stock worth $9,647,000 after purchasing an additional 10,288 shares during the last quarter.

Capital Group Core Balanced ETF Trading Down 0.5%

Shares of CGBL opened at $37.40 on Friday. The company has a market capitalization of $7.01 billion, a PE ratio of 25.37 and a beta of 0.68. Capital Group Core Balanced ETF has a 12 month low of $33.25 and a 12 month high of $38.20. The stock’s 50-day moving average price is $37.52 and its two-hundred day moving average price is $36.46.

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.