Private Advisor Group LLC Makes New Investment in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Private Advisor Group LLC purchased a new stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 18,394 shares of the company’s stock, valued at approximately $535,000.

A number of other institutional investors also recently modified their holdings of CGBL. Advance Capital Management Inc. bought a new position in Capital Group Core Balanced ETF in the first quarter valued at about $55,907,000. Commonwealth Equity Services LLC increased its position in Capital Group Core Balanced ETF by 377.9% during the 1st quarter. Commonwealth Equity Services LLC now owns 720,629 shares of the company’s stock worth $20,978,000 after purchasing an additional 569,828 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in Capital Group Core Balanced ETF by 120.2% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 493,881 shares of the company’s stock valued at $14,377,000 after purchasing an additional 269,552 shares during the last quarter. Sunbelt Securities Inc. boosted its position in Capital Group Core Balanced ETF by 71.6% in the first quarter. Sunbelt Securities Inc. now owns 171,175 shares of the company’s stock valued at $4,983,000 after buying an additional 71,450 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of Capital Group Core Balanced ETF by 149.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 164,806 shares of the company’s stock worth $4,798,000 after buying an additional 98,841 shares during the last quarter.

Capital Group Core Balanced ETF Trading Up 0.5 %

Shares of CGBL opened at $30.50 on Monday. Capital Group Core Balanced ETF has a 52 week low of $24.23 and a 52 week high of $31.60. The stock has a fifty day moving average of $29.53 and a 200-day moving average of $28.65.

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.