Valmark Advisers Inc. Has $5.37 Million Stock Holdings in Capital Group Core Balanced ETF $CGBL

Valmark Advisers Inc. grew its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 31.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 155,985 shares of the company’s stock after purchasing an additional 37,435 shares during the quarter. Valmark Advisers Inc. owned approximately 0.09% of Capital Group Core Balanced ETF worth $5,367,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of CGBL. CoreCap Advisors LLC grew its stake in Capital Group Core Balanced ETF by 14,657.1% in the 4th 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 lifted its position in Capital Group Core Balanced ETF by 204.6% during the 3rd quarter. US Bancorp DE now owns 1,645 shares of the company’s stock worth $57,000 after acquiring an additional 1,105 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its holdings in Capital Group Core Balanced ETF by 77.4% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,306 shares of the company’s stock valued at $81,000 after acquiring an additional 1,006 shares during the period. Godfrey Financial Associates Inc. bought a new stake in Capital Group Core Balanced ETF during the fourth quarter valued at about $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 about $86,000.

Capital Group Core Balanced ETF Stock Performance

Shares of NYSEARCA:CGBL opened at $37.67 on Monday. The stock’s 50-day moving average is $37.48 and its 200-day moving average is $36.42. The company has a market cap of $7.04 billion, a P/E ratio of 25.37 and a beta of 0.68. Capital Group Core Balanced ETF has a 52-week low of $33.25 and a 52-week high of $38.20.

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.