Confluence Wealth Services Inc. Raises Holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Confluence Wealth Services Inc. lifted its holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 252.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 214,999 shares of the company’s stock after buying an additional 154,001 shares during the quarter. Confluence Wealth Services Inc. owned 1.51% of Capital Group Core Balanced ETF worth $6,923,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CGBL. Advance Capital Management Inc. boosted its position in shares of Capital Group Core Balanced ETF by 3.8% during the 3rd quarter. Advance Capital Management Inc. now owns 2,094,775 shares of the company’s stock worth $65,043,000 after purchasing an additional 77,064 shares in the last quarter. CWM LLC increased its holdings in Capital Group Core Balanced ETF by 24.8% in the third quarter. CWM LLC now owns 49,104 shares of the company’s stock valued at $1,525,000 after buying an additional 9,754 shares in the last quarter. Davies Financial Advisors Inc. lifted its position in shares of Capital Group Core Balanced ETF by 49.7% during the 3rd quarter. Davies Financial Advisors Inc. now owns 58,126 shares of the company’s stock valued at $1,805,000 after acquiring an additional 19,288 shares during the period. LongView Wealth Management boosted its stake in shares of Capital Group Core Balanced ETF by 153.2% during the 3rd quarter. LongView Wealth Management now owns 72,120 shares of the company’s stock worth $2,239,000 after acquiring an additional 43,636 shares in the last quarter. Finally, McNamara Financial Services Inc. grew its holdings in shares of Capital Group Core Balanced ETF by 43.8% in the 3rd quarter. McNamara Financial Services Inc. now owns 17,086 shares of the company’s stock worth $531,000 after acquiring an additional 5,204 shares during the period.

Capital Group Core Balanced ETF Stock Up 0.5 %

NYSEARCA CGBL opened at $32.19 on Wednesday. The business has a 50 day moving average price of $31.77 and a 200 day moving average price of $31.13. Capital Group Core Balanced ETF has a 1-year low of $27.66 and a 1-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.