J.W. Cole Advisors Inc. Raises Stake in Capital Group Core Balanced ETF $CGBL

J.W. Cole Advisors Inc. raised its stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 72.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 52,094 shares of the company’s stock after buying an additional 21,883 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Capital Group Core Balanced ETF were worth $1,740,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in CGBL. NewEdge Advisors LLC grew its holdings in Capital Group Core Balanced ETF by 70.1% in the 1st quarter. NewEdge Advisors LLC now owns 33,942 shares of the company’s stock valued at $1,052,000 after buying an additional 13,986 shares in the last quarter. Jane Street Group LLC grew its holdings in Capital Group Core Balanced ETF by 25.4% in the 1st quarter. Jane Street Group LLC now owns 281,274 shares of the company’s stock valued at $8,714,000 after buying an additional 57,029 shares in the last quarter. Creative Planning purchased a new stake in Capital Group Core Balanced ETF in the 2nd quarter valued at $218,000. JPMorgan Chase & Co. purchased a new stake in Capital Group Core Balanced ETF in the 2nd quarter valued at $269,000. Finally, Diversify Wealth Management LLC grew its holdings in Capital Group Core Balanced ETF by 14.0% in the 2nd quarter. Diversify Wealth Management LLC now owns 11,911 shares of the company’s stock valued at $405,000 after buying an additional 1,467 shares in the last quarter.

Capital Group Core Balanced ETF Stock Up 0.2%

Shares of Capital Group Core Balanced ETF stock opened at $37.10 on Tuesday. Capital Group Core Balanced ETF has a 52 week low of $32.46 and a 52 week high of $38.05. The business’s fifty day simple moving average is $36.54 and its 200-day simple moving average is $35.98. The firm has a market cap of $6.17 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.