Private Client Services LLC Buys 73,583 Shares of Capital Group Core Balanced ETF $CGBL

Private Client Services LLC grew its stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 1,209.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 79,667 shares of the company’s stock after buying an additional 73,583 shares during the period. Capital Group Core Balanced ETF makes up approximately 0.8% of Private Client Services LLC’s holdings, making the stock its 28th biggest position. Private Client Services LLC’s holdings in Capital Group Core Balanced ETF were worth $3,024,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in CGBL. Anchor Investment Management LLC bought a new stake in shares of Capital Group Core Balanced ETF during the 1st quarter worth about $43,000. US Bancorp DE raised its stake in shares of 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 valued at $57,000 after acquiring an additional 1,105 shares in the last quarter. Creative Financial Designs Inc. ADV raised its stake in shares of Capital Group Core Balanced ETF by 77.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,306 shares of the company’s stock valued at $81,000 after acquiring an additional 1,006 shares in the last quarter. Godfrey Financial Associates Inc. acquired a new stake in Capital Group Core Balanced ETF in the 4th quarter worth approximately $84,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Capital Group Core Balanced ETF in the 4th quarter worth approximately $86,000.

Capital Group Core Balanced ETF Stock Up 1.0%

Shares of Capital Group Core Balanced ETF stock opened at $37.62 on Tuesday. The stock has a market capitalization of $7.27 billion, a P/E ratio of 25.37 and a beta of 0.68. The stock has a 50 day moving average price of $37.55 and a two-hundred day moving average price of $36.59. Capital Group Core Balanced ETF has a 12-month low of $33.49 and a 12-month 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.