Johnson Bixby & Associates LLC Increases Position in Capital Group Core Balanced ETF $CGBL

Johnson Bixby & Associates LLC grew its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 25.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 316,835 shares of the company’s stock after purchasing an additional 63,697 shares during the quarter. Capital Group Core Balanced ETF makes up 1.4% of Johnson Bixby & Associates LLC’s investment portfolio, making the stock its 18th largest position. Johnson Bixby & Associates LLC owned approximately 0.25% of Capital Group Core Balanced ETF worth $11,194,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Smith Thornton Advisors LLC lifted its holdings in Capital Group Core Balanced ETF by 26.6% during the 4th quarter. Smith Thornton Advisors LLC now owns 37,508 shares of the company’s stock worth $1,325,000 after buying an additional 7,888 shares during the last quarter. Worth Asset Management LLC raised its position in shares of Capital Group Core Balanced ETF by 14.0% during the 4th quarter. Worth Asset Management LLC now owns 197,069 shares of the company’s stock worth $6,962,000 after acquiring an additional 24,150 shares in the last quarter. Southland Equity Partners LLC lifted its stake in Capital Group Core Balanced ETF by 40.7% during the fourth quarter. Southland Equity Partners LLC now owns 10,888 shares of the company’s stock worth $385,000 after purchasing an additional 3,151 shares during the last quarter. Dakota Wealth Management boosted its holdings in Capital Group Core Balanced ETF by 16.8% in the fourth quarter. Dakota Wealth Management now owns 25,430 shares of the company’s stock valued at $898,000 after purchasing an additional 3,650 shares in the last quarter. Finally, CoreCap Advisors LLC increased its stake 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 purchasing an additional 1,026 shares during the last quarter.

Capital Group Core Balanced ETF Stock Performance

Shares of NYSEARCA:CGBL opened at $33.82 on Monday. The firm has a 50 day simple moving average of $35.84 and a 200-day simple moving average of $35.37. Capital Group Core Balanced ETF has a twelve month low of $28.22 and a twelve month high of $36.71. The company has a market capitalization of $4.57 billion, a PE 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.