Geneos Wealth Management Inc. Takes Position in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Geneos Wealth Management Inc. bought a new position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 10,281 shares of the company’s stock, valued at approximately $321,000. Geneos Wealth Management Inc. owned about 0.07% of Capital Group Core Balanced ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. PCG Wealth Advisors LLC purchased a new position in Capital Group Core Balanced ETF during the 4th quarter valued at $832,000. Eclectic Associates Inc. ADV bought a new stake in Capital Group Core Balanced ETF during the 4th quarter valued at approximately $211,000. Johnson Bixby & Associates LLC grew its holdings in shares of Capital Group Core Balanced ETF by 83.7% during the 4th quarter. Johnson Bixby & Associates LLC now owns 177,570 shares of the company’s stock worth $5,553,000 after acquiring an additional 80,925 shares during the period. Endeavor Private Wealth Inc. bought a new position in shares of Capital Group Core Balanced ETF in the 4th quarter worth approximately $3,842,000. Finally, Mutual Advisors LLC lifted its stake in shares of Capital Group Core Balanced ETF by 12.7% in the 4th quarter. Mutual Advisors LLC now owns 51,408 shares of the company’s stock valued at $1,620,000 after purchasing an additional 5,783 shares during the period.

Capital Group Core Balanced ETF Stock Performance

NYSEARCA CGBL opened at $31.98 on Thursday. The stock’s 50 day moving average is $31.72 and its 200 day moving average is $31.07. Capital Group Core Balanced ETF has a twelve month low of $27.60 and a twelve month high of $32.48.

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.