Mutual Advisors LLC Buys 5,783 Shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Mutual Advisors LLC raised its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 12.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 51,408 shares of the company’s stock after purchasing an additional 5,783 shares during the quarter. Mutual Advisors LLC owned 0.36% of Capital Group Core Balanced ETF worth $1,620,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of CGBL. Wealth Enhancement Advisory Services LLC lifted its position in Capital Group Core Balanced ETF by 120.8% during 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 during the last quarter. Raymond James & Associates lifted its position in Capital Group Core Balanced ETF by 2,489.3% during 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 bought a new stake in Capital Group Core Balanced ETF during the second quarter valued at approximately $11,903,000. Private Advisor Group LLC lifted its position in Capital Group Core Balanced ETF by 300.1% during the third quarter. Private Advisor Group LLC now owns 263,295 shares of the company’s stock valued at $8,175,000 after purchasing an additional 197,484 shares during the last quarter. Finally, ST Germain D J Co. Inc. raised its stake in shares of Capital Group Core Balanced ETF by 22.3% during the fourth quarter. ST Germain D J Co. Inc. now owns 573,172 shares of the company’s stock worth $17,923,000 after acquiring an additional 104,540 shares in the last quarter.

Capital Group Core Balanced ETF Price Performance

CGBL stock opened at $32.28 on Friday. Capital Group Core Balanced ETF has a one year low of $27.54 and a one year high of $32.48. The company’s 50 day moving average price is $31.67 and its two-hundred day moving average price is $31.02.

Capital Group Core Balanced ETF 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.