Johnson Bixby & Associates LLC Grows Holdings in Capital Group Core Balanced ETF $CGBL

Johnson Bixby & Associates LLC lifted its position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 25.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 316,835 shares of the company’s stock after buying an additional 63,697 shares during the quarter. Capital Group Core Balanced ETF accounts for approximately 1.4% of Johnson Bixby & Associates LLC’s holdings, making the stock its 18th largest position. Johnson Bixby & Associates LLC’s holdings in Capital Group Core Balanced ETF were worth $11,194,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. CoreCap Advisors LLC boosted its position in Capital Group Core Balanced ETF by 14,657.1% during the fourth quarter. CoreCap Advisors LLC now owns 1,033 shares of the company’s stock worth $36,000 after acquiring an additional 1,026 shares during the last quarter. US Bancorp DE grew its stake in Capital Group Core Balanced ETF by 204.6% in the 3rd quarter. US Bancorp DE now owns 1,645 shares of the company’s stock worth $57,000 after acquiring an additional 1,105 shares during the period. Allworth Financial LP raised its holdings in Capital Group Core Balanced ETF by 6.7% in the 3rd quarter. Allworth Financial LP now owns 4,977 shares of the company’s stock valued at $173,000 after acquiring an additional 311 shares during the last quarter. M.E. Allison & CO. Inc. purchased a new position in shares of Capital Group Core Balanced ETF during the 3rd quarter worth $207,000. Finally, IFG Advisory LLC purchased a new position in shares of Capital Group Core Balanced ETF during the 3rd quarter worth $218,000.

Capital Group Core Balanced ETF Price Performance

CGBL stock opened at $33.82 on Monday. Capital Group Core Balanced ETF has a 52-week low of $28.22 and a 52-week high of $36.71. The stock’s fifty day simple moving average is $35.84 and its 200-day simple moving average is $35.37. The stock has a market capitalization of $4.57 billion, a price-to-earnings ratio of 25.37 and a beta of 0.69.

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