Founders Financial Securities LLC Raises Holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Founders Financial Securities LLC raised its holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 84.7% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 65,962 shares of the company’s stock after purchasing an additional 30,252 shares during the quarter. Founders Financial Securities LLC’s holdings in Capital Group Core Balanced ETF were worth $1,920,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of CGBL. Advance Capital Management Inc. acquired a new stake in shares of Capital Group Core Balanced ETF during the first quarter valued at about $55,907,000. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Capital Group Core Balanced ETF in the fourth quarter valued at $6,133,000. Sunbelt Securities Inc. raised its holdings in shares of Capital Group Core Balanced ETF by 71.6% in the 1st quarter. Sunbelt Securities Inc. now owns 171,175 shares of the company’s stock valued at $4,983,000 after buying an additional 71,450 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in Capital Group Core Balanced ETF by 149.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 164,806 shares of the company’s stock worth $4,798,000 after acquiring an additional 98,841 shares in the last quarter. Finally, J Arnold Wealth Management Co purchased a new position in Capital Group Core Balanced ETF during the 4th quarter valued at about $2,798,000.

Capital Group Core Balanced ETF Stock Performance

NYSEARCA CGBL traded down $0.05 during trading on Friday, hitting $29.73. The stock had a trading volume of 183,682 shares, compared to its average volume of 186,937. The firm has a 50 day moving average price of $29.17 and a 200 day moving average price of $28.44. Capital Group Core Balanced ETF has a twelve month low of $24.23 and a twelve month high of $31.60.

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.