VVR Holdings LLC Has $3.86 Million Stock Position in Capital Group Core Balanced ETF $CGBL

VVR Holdings LLC lifted its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 57.3% in the first quarter, Holdings Channel.com reports. The institutional investor owned 112,227 shares of the company’s stock after buying an additional 40,879 shares during the period. Capital Group Core Balanced ETF makes up about 2.0% of VVR Holdings LLC’s portfolio, making the stock its 13th largest position. VVR Holdings LLC’s holdings in Capital Group Core Balanced ETF were worth $3,862,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Kestra Investment Management LLC lifted its holdings in Capital Group Core Balanced ETF by 1.1% during the fourth quarter. Kestra Investment Management LLC now owns 25,411 shares of the company’s stock worth $898,000 after acquiring an additional 276 shares in the last quarter. Vermillion & White Wealth Management Group LLC grew its stake in Capital Group Core Balanced ETF by 3.3% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 9,004 shares of the company’s stock valued at $318,000 after acquiring an additional 286 shares during the period. Allworth Financial LP increased its holdings in shares of Capital Group Core Balanced ETF by 6.7% in the third quarter. Allworth Financial LP now owns 4,977 shares of the company’s stock worth $173,000 after acquiring an additional 311 shares in the last quarter. Beacon Financial Advisory LLC increased its holdings in shares of Capital Group Core Balanced ETF by 0.8% in the fourth quarter. Beacon Financial Advisory LLC now owns 43,297 shares of the company’s stock worth $1,530,000 after acquiring an additional 337 shares in the last quarter. Finally, High Falls Advisors Inc increased its holdings in shares of Capital Group Core Balanced ETF by 4.5% in the fourth quarter. High Falls Advisors Inc now owns 10,064 shares of the company’s stock worth $356,000 after acquiring an additional 429 shares in the last quarter.

Capital Group Core Balanced ETF Price Performance

NYSEARCA CGBL opened at $38.06 on Friday. Capital Group Core Balanced ETF has a one year low of $32.46 and a one year high of $38.20. The firm has a market cap of $6.33 billion, a P/E ratio of 25.37 and a beta of 0.69. The stock’s 50-day moving average is $37.09 and its 200-day moving average is $36.15.

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.