Quantum Financial Planning Services Inc. Grows Holdings in Capital Group Core Balanced ETF $CGBL

Quantum Financial Planning Services Inc. increased its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 15.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 319,107 shares of the company’s stock after buying an additional 42,091 shares during the quarter. Capital Group Core Balanced ETF accounts for approximately 4.1% of Quantum Financial Planning Services Inc.’s investment portfolio, making the stock its 6th largest position. Quantum Financial Planning Services Inc. owned approximately 0.25% of Capital Group Core Balanced ETF worth $11,274,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. CoreCap Advisors LLC raised its stake in shares of 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 valued at $36,000 after acquiring an additional 1,026 shares during the last quarter. US Bancorp DE increased its holdings in Capital Group Core Balanced ETF by 204.6% in the third quarter. US Bancorp DE now owns 1,645 shares of the company’s stock valued at $57,000 after purchasing an additional 1,105 shares during the period. Allworth Financial LP increased its holdings in Capital Group Core Balanced ETF by 6.7% in the third quarter. Allworth Financial LP now owns 4,977 shares of the company’s stock valued at $173,000 after purchasing an additional 311 shares during the period. Alliance Wealth Advisors LLC bought a new position in Capital Group Core Balanced ETF during the 4th quarter worth $204,000. Finally, M.E. Allison & CO. Inc. bought a new position in Capital Group Core Balanced ETF during the 3rd quarter worth $207,000.

Capital Group Core Balanced ETF Stock Performance

Shares of CGBL opened at $33.82 on Monday. The stock’s 50-day moving average price is $35.84 and its two-hundred day moving average price is $35.37. Capital Group Core Balanced ETF has a 12 month low of $28.22 and a 12 month high of $36.71. The company has a market capitalization of $4.57 billion, a PE ratio of 25.37 and a beta of 0.69.

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.