Capital Group Core Balanced ETF $CGBL Shares Purchased by Bleakley Financial Group LLC

Bleakley Financial Group LLC raised its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 18.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 165,049 shares of the company’s stock after acquiring an additional 25,696 shares during the period. Bleakley Financial Group LLC owned approximately 0.10% of Capital Group Core Balanced ETF worth $5,679,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. CoreCap Advisors LLC lifted its holdings in shares of Capital Group Core Balanced ETF by 14,657.1% during the fourth quarter. CoreCap Advisors LLC now owns 1,033 shares of the company’s stock worth $36,000 after purchasing an additional 1,026 shares during the period. Anchor Investment Management LLC purchased a new position in Capital Group Core Balanced ETF during the 1st quarter worth $43,000. US Bancorp DE raised its position in 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 buying an additional 1,105 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its stake in shares of Capital Group Core Balanced ETF by 77.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,306 shares of the company’s stock worth $81,000 after acquiring an additional 1,006 shares during the period. Finally, Godfrey Financial Associates Inc. acquired a new stake in shares of Capital Group Core Balanced ETF in the 4th quarter worth $84,000.

Capital Group Core Balanced ETF Stock Up 0.2%

Shares of NYSEARCA:CGBL opened at $37.43 on Wednesday. Capital Group Core Balanced ETF has a fifty-two week low of $33.25 and a fifty-two week high of $38.20. The firm’s 50-day simple moving average is $37.51 and its 200-day simple moving average is $36.44. The company has a market cap of $7.02 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.