Capital Group Core Balanced ETF $CGBL Shares Acquired by Centaurus Financial Inc.

Centaurus Financial Inc. lifted its position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 13.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 121,006 shares of the company’s stock after purchasing an additional 14,350 shares during the period. Centaurus Financial Inc. owned about 0.07% of Capital Group Core Balanced ETF worth $4,164,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of CGBL. Kestra Investment Management LLC raised its stake in Capital Group Core Balanced ETF by 1.1% in the fourth quarter. Kestra Investment Management LLC now owns 25,411 shares of the company’s stock valued at $898,000 after buying an additional 276 shares in the last quarter. Vermillion & White Wealth Management Group LLC boosted its position in shares of Capital Group Core Balanced ETF by 3.3% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 9,004 shares of the company’s stock worth $318,000 after acquiring an additional 286 shares in the last quarter. Beacon Financial Advisory LLC boosted its position in shares of Capital Group Core Balanced ETF by 0.8% during the 4th quarter. Beacon Financial Advisory LLC now owns 43,297 shares of the company’s stock worth $1,530,000 after acquiring an additional 337 shares in the last quarter. Simplicity Wealth LLC increased its holdings in shares of Capital Group Core Balanced ETF by 4.4% in the 1st quarter. Simplicity Wealth LLC now owns 8,718 shares of the company’s stock valued at $300,000 after acquiring an additional 367 shares during the last quarter. Finally, Harmony Asset Management LLC increased its holdings in shares of Capital Group Core Balanced ETF by 7.0% in the 1st quarter. Harmony Asset Management LLC now owns 6,333 shares of the company’s stock valued at $218,000 after acquiring an additional 414 shares during the last quarter.

Capital Group Core Balanced ETF Stock Performance

Shares of NYSEARCA CGBL opened at $36.86 on Thursday. The stock’s 50-day simple moving average is $37.53 and its 200-day simple moving average is $36.56. The firm has a market capitalization of $7.08 billion, a PE ratio of 25.37 and a beta of 0.68. Capital Group Core Balanced ETF has a fifty-two week low of $33.25 and a fifty-two week high of $38.20.

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.