Integrity Alliance LLC. Purchases New Position in Capital Group Core Balanced ETF $CGBL

Integrity Alliance LLC. bought a new position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) during the 4th quarter, Holdings Channel reports. The institutional investor bought 35,850 shares of the company’s stock, valued at approximately $1,267,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Advance Capital Management Inc. boosted its holdings in Capital Group Core Balanced ETF by 1.2% in the fourth quarter. Advance Capital Management Inc. now owns 9,385,711 shares of the company’s stock worth $331,597,000 after purchasing an additional 109,747 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in Capital Group Core Balanced ETF by 31.6% in the third quarter. Envestnet Asset Management Inc. now owns 5,448,051 shares of the company’s stock worth $189,156,000 after purchasing an additional 1,307,832 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in Capital Group Core Balanced ETF by 17.2% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 2,252,009 shares of the company’s stock worth $79,563,000 after purchasing an additional 330,471 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in Capital Group Core Balanced ETF by 20.2% in the third quarter. Raymond James Financial Inc. now owns 2,209,899 shares of the company’s stock worth $76,728,000 after purchasing an additional 371,133 shares during the last quarter. Finally, CWM LLC boosted its holdings in Capital Group Core Balanced ETF by 5.7% in the fourth quarter. CWM LLC now owns 2,168,040 shares of the company’s stock worth $76,597,000 after purchasing an additional 117,287 shares during the last quarter.

Capital Group Core Balanced ETF Trading Up 0.4%

Shares of CGBL stock opened at $37.73 on Friday. Capital Group Core Balanced ETF has a 12-month low of $31.97 and a 12-month high of $37.77. The firm’s 50 day moving average is $36.11 and its 200 day moving average is $35.83. The stock has a market capitalization of $6.28 billion, a P/E ratio of 25.37 and a beta of 0.69.

Capital Group Core Balanced ETF Company 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.