Compton Financial Group LLC Buys 520,631 Shares of Capital Group Core Balanced ETF $CGBL

Compton Financial Group LLC grew its stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 2,302.1% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 543,246 shares of the company’s stock after buying an additional 520,631 shares during the quarter. Capital Group Core Balanced ETF accounts for approximately 4.1% of Compton Financial Group LLC’s portfolio, making the stock its 8th biggest position. Compton Financial Group LLC owned approximately 0.33% of Capital Group Core Balanced ETF worth $18,693,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Westside Investment Management Inc. grew its position in Capital Group Core Balanced ETF by 22.7% during the 4th quarter. Westside Investment Management Inc. now owns 146,270 shares of the company’s stock worth $5,168,000 after purchasing an additional 27,075 shares during the last quarter. Valmark Advisers Inc. raised its holdings in shares of Capital Group Core Balanced ETF by 28.7% in the fourth quarter. Valmark Advisers Inc. now owns 118,550 shares of the company’s stock valued at $4,188,000 after buying an additional 26,424 shares during the last quarter. CWM LLC raised its holdings in shares of Capital Group Core Balanced ETF by 5.7% in the fourth quarter. CWM LLC now owns 2,168,040 shares of the company’s stock valued at $76,597,000 after buying an additional 117,287 shares during the last quarter. Clarity Wealth Advisors LLC boosted its stake in shares of Capital Group Core Balanced ETF by 39.0% during the fourth quarter. Clarity Wealth Advisors LLC now owns 206,693 shares of the company’s stock worth $7,302,000 after buying an additional 58,004 shares during the period. Finally, World Investment Advisors grew its holdings in shares of Capital Group Core Balanced ETF by 57.9% during the fourth quarter. World Investment Advisors now owns 273,910 shares of the company’s stock worth $9,677,000 after buying an additional 100,405 shares during the last quarter.

Capital Group Core Balanced ETF Price Performance

Shares of CGBL stock opened at $37.74 on Monday. The stock has a market capitalization of $6.95 billion, a PE ratio of 25.37 and a beta of 0.68. Capital Group Core Balanced ETF has a 52-week low of $33.25 and a 52-week high of $38.20. The stock’s 50-day moving average price is $37.37 and its 200 day moving average price is $36.33.

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.