Prospera Financial Services Inc Raises Stake in Capital Group Core Balanced ETF $CGBL

Prospera Financial Services Inc boosted its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 38.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 148,080 shares of the company’s stock after buying an additional 41,142 shares during the period. Prospera Financial Services Inc owned approximately 0.11% of Capital Group Core Balanced ETF worth $5,232,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. Axxcess Wealth Management LLC boosted its position in Capital Group Core Balanced ETF by 14.2% in the 4th quarter. Axxcess Wealth Management LLC now owns 17,406 shares of the company’s stock worth $615,000 after purchasing an additional 2,163 shares in the last quarter. Cvfg LLC raised its stake in Capital Group Core Balanced ETF by 4.5% in the 4th quarter. Cvfg LLC now owns 123,283 shares of the company’s stock valued at $4,356,000 after purchasing an additional 5,280 shares during the last quarter. Signature Estate & Investment Advisors LLC raised its stake in Capital Group Core Balanced ETF by 9.9% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 111,291 shares of the company’s stock valued at $3,932,000 after purchasing an additional 9,988 shares during the last quarter. Bare Financial Services Inc raised its stake in Capital Group Core Balanced ETF by 4.3% in the 4th quarter. Bare Financial Services Inc now owns 44,245 shares of the company’s stock valued at $1,563,000 after purchasing an additional 1,804 shares during the last quarter. Finally, Global Retirement Partners LLC increased its stake in shares of Capital Group Core Balanced ETF by 101.6% in the 4th quarter. Global Retirement Partners LLC now owns 25,833 shares of the company’s stock worth $913,000 after acquiring an additional 13,018 shares during the last quarter.

Capital Group Core Balanced ETF Price Performance

Shares of CGBL opened at $37.12 on Tuesday. Capital Group Core Balanced ETF has a 52-week low of $31.52 and a 52-week high of $37.62. The company has a market capitalization of $6.18 billion, a PE ratio of 25.37 and a beta of 0.69. The stock has a fifty day simple moving average of $35.96 and a two-hundred day simple moving average of $35.77.

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. CGBL was launched on Sep 26, 2023 and is issued by Capital Group.