Thoroughbred Financial Services LLC Has $4.92 Million Stock Position in Capital Group Core Balanced ETF $CGBL

Thoroughbred Financial Services LLC grew its holdings in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 16.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 139,326 shares of the company’s stock after buying an additional 19,480 shares during the quarter. Thoroughbred Financial Services LLC owned 0.10% of Capital Group Core Balanced ETF worth $4,922,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in CGBL. NewEdge Advisors LLC grew its holdings in shares of Capital Group Core Balanced ETF by 70.1% during the first quarter. NewEdge Advisors LLC now owns 33,942 shares of the company’s stock valued at $1,052,000 after buying an additional 13,986 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Capital Group Core Balanced ETF by 25.4% during the first quarter. Jane Street Group LLC now owns 281,274 shares of the company’s stock valued at $8,714,000 after purchasing an additional 57,029 shares in the last quarter. Creative Planning bought a new position in shares of Capital Group Core Balanced ETF during the second quarter valued at about $218,000. JPMorgan Chase & Co. bought a new position in shares of Capital Group Core Balanced ETF during the second quarter valued at about $269,000. Finally, Diversify Wealth Management LLC lifted its position in shares of Capital Group Core Balanced ETF by 14.0% during the second quarter. Diversify Wealth Management LLC now owns 11,911 shares of the company’s stock valued at $405,000 after purchasing an additional 1,467 shares in the last quarter.

Capital Group Core Balanced ETF Price Performance

CGBL opened at $37.57 on Thursday. The company’s 50-day moving average is $36.06 and its 200 day moving average is $35.81. Capital Group Core Balanced ETF has a fifty-two week low of $31.97 and a fifty-two week high of $37.63. The firm has a market capitalization of $6.25 billion, a P/E ratio of 25.37 and a beta of 0.69.

Capital Group Core Balanced ETF Company Profile

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.