Compton Financial Group LLC Invests $799,000 in Capital Group Core Balanced ETF $CGBL

Compton Financial Group LLC purchased a new position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 22,615 shares of the company’s stock, valued at approximately $799,000. Capital Group Core Balanced ETF accounts for about 0.2% of Compton Financial Group LLC’s portfolio, making the stock its 19th largest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CoreCap Advisors LLC boosted its stake in Capital Group Core Balanced ETF by 14,657.1% during the fourth quarter. CoreCap Advisors LLC now owns 1,033 shares of the company’s stock worth $36,000 after acquiring an additional 1,026 shares in the last quarter. US Bancorp DE lifted its stake in Capital Group Core Balanced ETF by 204.6% in the third quarter. US Bancorp DE now owns 1,645 shares of the company’s stock valued at $57,000 after purchasing an additional 1,105 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Capital Group Core Balanced ETF in the fourth quarter valued at approximately $86,000. Cascades Capital Asset Management LLC purchased a new position in Capital Group Core Balanced ETF during the fourth quarter valued at approximately $102,000. Finally, Allworth Financial LP grew its stake in Capital Group Core Balanced ETF by 6.7% during the third quarter. Allworth Financial LP now owns 4,977 shares of the company’s stock valued at $173,000 after acquiring an additional 311 shares in the last quarter.

Capital Group Core Balanced ETF Price Performance

CGBL stock opened at $36.95 on Friday. Capital Group Core Balanced ETF has a one year low of $31.52 and a one year high of $37.62. The stock has a market cap of $6.15 billion, a PE ratio of 25.37 and a beta of 0.69. The firm has a 50 day simple moving average of $35.80 and a two-hundred day simple moving average of $35.68.

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. CGBL was launched on Sep 26, 2023 and is issued by Capital Group.