Cullen Frost Bankers Inc. Has $8.99 Million Stock Holdings in Capital Group Core Balanced ETF $CGBL

Cullen Frost Bankers Inc. boosted its holdings in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 33.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 254,576 shares of the company’s stock after buying an additional 63,321 shares during the period. Cullen Frost Bankers Inc.’s holdings in Capital Group Core Balanced ETF were worth $8,994,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Focus Partners Advisor Solutions LLC raised its holdings in Capital Group Core Balanced ETF by 155.5% during the third quarter. Focus Partners Advisor Solutions LLC now owns 41,249 shares of the company’s stock worth $1,437,000 after buying an additional 25,105 shares during the last quarter. Westside Investment Management Inc. raised its holdings in Capital Group Core Balanced ETF by 22.7% during the fourth quarter. Westside Investment Management Inc. now owns 146,270 shares of the company’s stock worth $5,168,000 after buying an additional 27,075 shares during the last quarter. Bleakley Financial Group LLC raised its holdings in Capital Group Core Balanced ETF by 37.3% during the third quarter. Bleakley Financial Group LLC now owns 129,953 shares of the company’s stock worth $4,512,000 after buying an additional 35,271 shares during the last quarter. Valmark Advisers Inc. raised its holdings in shares of Capital Group Core Balanced ETF by 28.7% in the fourth quarter. Valmark Advisers Inc. now owns 118,550 shares of the company’s stock valued at $4,188,000 after purchasing an additional 26,424 shares during the last quarter. Finally, Cvfg LLC raised its holdings in shares of Capital Group Core Balanced ETF by 13.8% in the third quarter. Cvfg LLC now owns 118,003 shares of the company’s stock valued at $4,097,000 after purchasing an additional 14,341 shares during the last quarter.

Capital Group Core Balanced ETF Price Performance

Shares of CGBL stock opened at $36.99 on Thursday. The firm has a 50-day moving average of $35.87 and a 200-day moving average of $35.72. The company has a market cap of $6.16 billion, a P/E ratio of 25.37 and a beta of 0.69. Capital Group Core Balanced ETF has a one year low of $31.52 and a one year high of $37.62.

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.