Capital Group Core Balanced ETF $CGBL Holdings Lifted by Carson Advisory Inc.

Carson Advisory Inc. raised its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 213.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 45,656 shares of the company’s stock after purchasing an additional 31,081 shares during the quarter. Capital Group Core Balanced ETF comprises approximately 0.8% of Carson Advisory Inc.’s investment portfolio, making the stock its 27th biggest holding. Carson Advisory Inc.’s holdings in Capital Group Core Balanced ETF were worth $1,571,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in CGBL. LPL Financial LLC boosted its position in shares of Capital Group Core Balanced ETF by 27.7% during the fourth quarter. LPL Financial LLC now owns 12,575,716 shares of the company’s stock worth $444,300,000 after buying an additional 2,726,819 shares during the period. Advance Capital Management Inc. increased its position in Capital Group Core Balanced ETF by 27.6% in the 1st quarter. Advance Capital Management Inc. now owns 11,973,900 shares of the company’s stock valued at $412,022,000 after acquiring an additional 2,588,189 shares during the period. Wells Fargo & Company MN increased its position in Capital Group Core Balanced ETF by 191.0% in the 4th quarter. Wells Fargo & Company MN now owns 4,622,130 shares of the company’s stock valued at $163,300,000 after acquiring an additional 3,033,933 shares during the period. Morgan Stanley raised its stake in Capital Group Core Balanced ETF by 17.0% during the 4th quarter. Morgan Stanley now owns 4,062,395 shares of the company’s stock valued at $143,524,000 after acquiring an additional 590,373 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in Capital Group Core Balanced ETF by 40.1% during the 4th quarter. Cetera Investment Advisers now owns 3,325,254 shares of the company’s stock valued at $117,481,000 after acquiring an additional 952,356 shares in the last quarter.

Capital Group Core Balanced ETF Stock Performance

Shares of CGBL stock opened at $37.20 on Monday. Capital Group Core Balanced ETF has a 1 year low of $33.25 and a 1 year high of $38.20. The stock has a fifty day moving average of $37.52 and a two-hundred day moving average of $36.48. The firm has a market capitalization of $6.99 billion, a PE ratio of 25.37 and a beta of 0.68.

Capital Group Core Balanced ETF 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.