Ashton Thomas Securities LLC Increases Stock Position in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Ashton Thomas Securities LLC boosted its position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 235.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 15,211 shares of the company’s stock after acquiring an additional 10,672 shares during the period. Ashton Thomas Securities LLC’s holdings in Capital Group Core Balanced ETF were worth $476,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV acquired a new stake in shares of Capital Group Core Balanced ETF during the 4th quarter valued at about $41,000. Global Retirement Partners LLC boosted its position in Capital Group Core Balanced ETF by 420.8% during the fourth quarter. Global Retirement Partners LLC now owns 2,484 shares of the company’s stock worth $78,000 after purchasing an additional 2,007 shares in the last quarter. Hobbs Group Advisors LLC boosted its position in Capital Group Core Balanced ETF by 257.4% during the third quarter. Hobbs Group Advisors LLC now owns 3,217 shares of the company’s stock worth $100,000 after purchasing an additional 2,317 shares in the last quarter. Allworth Financial LP acquired a new stake in Capital Group Core Balanced ETF in the fourth quarter valued at approximately $105,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Capital Group Core Balanced ETF by 39.8% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,382 shares of the company’s stock valued at $106,000 after buying an additional 962 shares in the last quarter.

Capital Group Core Balanced ETF Price Performance

Shares of NYSEARCA:CGBL opened at $31.71 on Wednesday. The business’s 50 day moving average price is $31.87 and its 200-day moving average price is $31.57. Capital Group Core Balanced ETF has a 1 year low of $27.94 and a 1 year high of $32.65. The firm has a market capitalization of $1.82 billion, a price-to-earnings ratio of 25.90 and a beta of 0.76.

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.