Capital Group Core Balanced ETF (NYSEARCA:CGBL) Shares Acquired by Continuum Advisory LLC

Continuum Advisory LLC increased its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 167.3% in the third quarter, HoldingsChannel reports. The firm owned 9,570 shares of the company’s stock after buying an additional 5,990 shares during the quarter. Continuum Advisory LLC’s holdings in Capital Group Core Balanced ETF were worth $301,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Hobbs Group Advisors LLC purchased a new stake in shares of Capital Group Core Balanced ETF in the second quarter valued at $27,000. Rothschild Investment LLC purchased a new position in shares of Capital Group Core Balanced ETF during the 2nd quarter worth about $94,000. ICA Group Wealth Management LLC grew its holdings in Capital Group Core Balanced ETF by 153.9% in the second quarter. ICA Group Wealth Management LLC now owns 4,153 shares of the company’s stock valued at $123,000 after purchasing an additional 2,517 shares during the period. Ashton Thomas Securities LLC purchased a new position in Capital Group Core Balanced ETF during the third quarter worth approximately $141,000. Finally, Private Trust Co. NA increased its holdings in shares of Capital Group Core Balanced ETF by 28.0% during the 3rd quarter. Private Trust Co. NA now owns 6,591 shares of the company’s stock worth $205,000 after buying an additional 1,441 shares during the last quarter.

Capital Group Core Balanced ETF Stock Performance

Shares of NYSEARCA:CGBL opened at $31.89 on Wednesday. The business has a 50-day moving average of $31.50 and a two-hundred day moving average of $30.57. Capital Group Core Balanced ETF has a 12 month low of $26.28 and a 12 month high of $32.30.

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.