Capital Group Core Balanced ETF $CGBL is Greenbush Financial Group LLC’s 5th Largest Position

Greenbush Financial Group LLC grew its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 7.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 551,241 shares of the company’s stock after buying an additional 36,285 shares during the quarter. Capital Group Core Balanced ETF accounts for 6.3% of Greenbush Financial Group LLC’s holdings, making the stock its 5th largest holding. Greenbush Financial Group LLC’s holdings in Capital Group Core Balanced ETF were worth $18,968,000 at the end of the most recent reporting period.

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

Capital Group Core Balanced ETF Price Performance

CGBL opened at $37.94 on Tuesday. The business has a fifty day moving average price of $37.14 and a 200 day moving average price of $36.18. Capital Group Core Balanced ETF has a 12 month low of $32.46 and a 12 month high of $38.20. The stock has a market capitalization of $6.31 billion, a price-to-earnings 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.