Rothschild Investment LLC Reduces Stock Position in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Rothschild Investment LLC reduced its stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 5.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,555 shares of the company’s stock after selling 400 shares during the quarter. Rothschild Investment LLC’s holdings in Capital Group Core Balanced ETF were worth $236,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in CGBL. Patriot Financial Group Insurance Agency LLC acquired a new stake in Capital Group Core Balanced ETF during the third quarter worth about $748,000. Gateway Wealth Partners LLC purchased a new stake in shares of Capital Group Core Balanced ETF in the 3rd quarter valued at approximately $254,000. Valmark Advisers Inc. increased its holdings in shares of Capital Group Core Balanced ETF by 1.6% during the 3rd quarter. Valmark Advisers Inc. now owns 23,072 shares of the company’s stock worth $716,000 after buying an additional 370 shares during the last quarter. Mutual Advisors LLC raised its position in shares of Capital Group Core Balanced ETF by 36.0% during the 3rd quarter. Mutual Advisors LLC now owns 45,625 shares of the company’s stock valued at $1,429,000 after buying an additional 12,076 shares during the period. Finally, Financial Advocates Investment Management lifted its holdings in Capital Group Core Balanced ETF by 22.1% in the third quarter. Financial Advocates Investment Management now owns 14,794 shares of the company’s stock valued at $459,000 after acquiring an additional 2,677 shares during the last quarter.

Capital Group Core Balanced ETF Price Performance

CGBL stock opened at $31.98 on Wednesday. Capital Group Core Balanced ETF has a 52-week low of $27.94 and a 52-week high of $32.65. The business has a fifty day moving average of $31.86 and a two-hundred day moving average of $31.42.

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.