Davies Financial Advisors Inc. Buys 780 Shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Davies Financial Advisors Inc. raised its position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 1.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 58,906 shares of the company’s stock after purchasing an additional 780 shares during the quarter. Capital Group Core Balanced ETF accounts for approximately 1.6% of Davies Financial Advisors Inc.’s portfolio, making the stock its 15th biggest holding. Davies Financial Advisors Inc.’s holdings in Capital Group Core Balanced ETF were worth $1,842,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Hobbs Group Advisors LLC raised its position in shares of Capital Group Core Balanced ETF by 257.4% in the 3rd quarter. Hobbs Group Advisors LLC now owns 3,217 shares of the company’s stock worth $100,000 after acquiring an additional 2,317 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its holdings in Capital Group Core Balanced ETF by 39.8% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,382 shares of the company’s stock worth $106,000 after purchasing an additional 962 shares in the last quarter. Ashton Thomas Securities LLC bought a new stake in Capital Group Core Balanced ETF in the third quarter worth approximately $141,000. Tudor Financial Inc. acquired a new position in Capital Group Core Balanced ETF in the fourth quarter valued at approximately $202,000. Finally, Private Trust Co. NA boosted 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 in the last quarter.

Capital Group Core Balanced ETF Trading Up 0.6 %

NYSEARCA:CGBL opened at $31.72 on Tuesday. Capital Group Core Balanced ETF has a twelve month low of $27.03 and a twelve month high of $32.48. The company has a fifty day moving average of $31.65 and a 200-day moving average of $30.98.

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.