Capital Group Core Balanced ETF $CGBL Shares Acquired by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. lifted its holdings in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 72.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,094 shares of the company’s stock after buying an additional 21,883 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Capital Group Core Balanced ETF were worth $1,740,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in CGBL. NewEdge Advisors LLC raised its stake in shares of Capital Group Core Balanced ETF by 70.1% during the 1st quarter. NewEdge Advisors LLC now owns 33,942 shares of the company’s stock worth $1,052,000 after buying an additional 13,986 shares during the period. Jane Street Group LLC raised its stake in shares of Capital Group Core Balanced ETF by 25.4% during the 1st quarter. Jane Street Group LLC now owns 281,274 shares of the company’s stock worth $8,714,000 after buying an additional 57,029 shares during the period. Creative Planning acquired a new position in shares of Capital Group Core Balanced ETF during the 2nd quarter worth approximately $218,000. JPMorgan Chase & Co. acquired a new position in shares of Capital Group Core Balanced ETF during the 2nd quarter worth approximately $269,000. Finally, Diversify Wealth Management LLC raised its stake in shares of Capital Group Core Balanced ETF by 14.0% during the 2nd quarter. Diversify Wealth Management LLC now owns 11,911 shares of the company’s stock worth $405,000 after buying an additional 1,467 shares during the period.

Capital Group Core Balanced ETF Price Performance

Shares of CGBL stock opened at $37.10 on Tuesday. The company has a market cap of $6.17 billion, a price-to-earnings ratio of 25.37 and a beta of 0.69. The stock has a 50 day simple moving average of $36.54 and a 200-day simple moving average of $35.98. Capital Group Core Balanced ETF has a 1-year low of $32.46 and a 1-year high of $38.05.

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.