Mutual Advisors LLC Acquires 12,076 Shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Mutual Advisors LLC boosted its holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 36.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 45,625 shares of the company’s stock after purchasing an additional 12,076 shares during the quarter. Mutual Advisors LLC’s holdings in Capital Group Core Balanced ETF were worth $1,429,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Valmark Advisers Inc. increased its holdings in Capital Group Core Balanced ETF by 1.6% in the third quarter. Valmark Advisers Inc. now owns 23,072 shares of the company’s stock worth $716,000 after purchasing an additional 370 shares in the last quarter. Gateway Wealth Partners LLC bought a new stake in shares of Capital Group Core Balanced ETF during the third quarter valued at approximately $254,000. Patriot Financial Group Insurance Agency LLC bought a new stake in shares of Capital Group Core Balanced ETF during the third quarter valued at approximately $748,000. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Capital Group Core Balanced ETF by 120.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,153,227 shares of the company’s stock valued at $35,808,000 after acquiring an additional 630,992 shares in the last quarter. Finally, Burford Brothers Inc. bought a new stake in shares of Capital Group Core Balanced ETF during the third quarter valued at approximately $784,000.

Capital Group Core Balanced ETF Stock Performance

NYSEARCA CGBL opened at $30.98 on Friday. Capital Group Core Balanced ETF has a 52 week low of $24.32 and a 52 week high of $31.66. The business has a 50 day moving average price of $30.96 and a 200-day moving average price of $29.98.

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.