54,831 Shares in Capital Group Core Balanced ETF (NYSEARCA:CGBL) Bought by Cvfg LLC

Cvfg LLC bought a new stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 54,831 shares of the company’s stock, valued at approximately $1,715,000. Capital Group Core Balanced ETF comprises approximately 1.6% of Cvfg LLC’s investment portfolio, making the stock its 20th largest holding. Cvfg LLC owned about 0.39% of Capital Group Core Balanced ETF at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. grew its stake in Capital Group Core Balanced ETF by 1,230.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,154,454 shares of the company’s stock valued at $34,322,000 after acquiring an additional 1,067,655 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Capital Group Core Balanced ETF by 120.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,153,227 shares of the company’s stock valued at $35,808,000 after purchasing an additional 630,992 shares in the last quarter. Raymond James & Associates grew its position in shares of Capital Group Core Balanced ETF by 2,489.3% in the third quarter. Raymond James & Associates now owns 491,605 shares of the company’s stock valued at $15,264,000 after purchasing an additional 472,619 shares during the last quarter. Cetera Investment Advisers purchased a new position in shares of Capital Group Core Balanced ETF during the 2nd quarter worth approximately $11,903,000. Finally, Private Advisor Group LLC raised its position in shares of Capital Group Core Balanced ETF by 300.1% during the 3rd quarter. Private Advisor Group LLC now owns 263,295 shares of the company’s stock worth $8,175,000 after purchasing an additional 197,484 shares during the last quarter.

Capital Group Core Balanced ETF Trading Up 0.2 %

Shares of NYSEARCA:CGBL opened at $31.52 on Friday. The business’s fifty day moving average price is $31.66 and its two-hundred day moving average price is $30.95. Capital Group Core Balanced ETF has a one year low of $26.96 and a one year high of $32.48.

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.