LongView Wealth Management Takes $512,000 Position in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

LongView Wealth Management bought a new stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 17,593 shares of the company’s stock, valued at approximately $512,000.

A number of other large investors have also recently modified their holdings of CGBL. Sunbelt Securities Inc. bought a new stake in shares of Capital Group Core Balanced ETF during the 3rd quarter valued at about $169,000. J Arnold Wealth Management Co bought a new stake in Capital Group Core Balanced ETF during the fourth quarter worth about $2,798,000. Johnson Bixby & Associates LLC bought a new stake in Capital Group Core Balanced ETF during the fourth quarter worth about $269,000. Venture Visionary Partners LLC bought a new stake in Capital Group Core Balanced ETF during the fourth quarter worth about $592,000. Finally, Confluence Wealth Services Inc. bought a new stake in Capital Group Core Balanced ETF during the fourth quarter worth about $1,567,000.

Capital Group Core Balanced ETF Trading Down 0.6 %

NYSEARCA:CGBL traded down $0.19 during mid-day trading on Friday, hitting $29.73. 183,682 shares of the company’s stock were exchanged, compared to its average volume of 186,937. Capital Group Core Balanced ETF has a one year low of $24.23 and a one year high of $31.60. The business has a fifty day moving average price of $29.17 and a 200 day moving average price of $28.43.

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.