Continuum Advisory LLC Grows Position in Capital Group Core Balanced ETF $CGBL

Continuum Advisory LLC increased its holdings in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 34.2% in the first quarter, Holdings Channel reports. The firm owned 94,030 shares of the company’s stock after buying an additional 23,970 shares during the period. Continuum Advisory LLC’s holdings in Capital Group Core Balanced ETF were worth $3,236,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. CoreCap Advisors LLC lifted its position in Capital Group Core Balanced ETF by 14,657.1% in the fourth quarter. CoreCap Advisors LLC now owns 1,033 shares of the company’s stock valued at $36,000 after buying an additional 1,026 shares during the last quarter. US Bancorp DE raised its stake in shares of Capital Group Core Balanced ETF by 204.6% in the 3rd quarter. US Bancorp DE now owns 1,645 shares of the company’s stock valued at $57,000 after acquiring an additional 1,105 shares during the period. Creative Financial Designs Inc. ADV lifted its holdings in shares of Capital Group Core Balanced ETF by 77.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,306 shares of the company’s stock worth $81,000 after acquiring an additional 1,006 shares during the last quarter. Godfrey Financial Associates Inc. acquired a new position in shares of Capital Group Core Balanced ETF in the 4th quarter worth approximately $84,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Capital Group Core Balanced ETF in the 4th quarter worth approximately $86,000.

Capital Group Core Balanced ETF Stock Performance

NYSEARCA:CGBL opened at $37.61 on Monday. Capital Group Core Balanced ETF has a fifty-two week low of $33.25 and a fifty-two week high of $38.20. The company has a 50 day moving average price of $37.25 and a 200 day moving average price of $36.25. The stock has a market capitalization of $6.26 billion, a P/E ratio of 25.37 and a beta of 0.69.

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.