Quantum Financial Planning Services Inc. Makes New Investment in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Quantum Financial Planning Services Inc. acquired a new stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 20,042 shares of the company’s stock, valued at approximately $627,000. Capital Group Core Balanced ETF comprises about 0.3% of Quantum Financial Planning Services Inc.’s holdings, making the stock its 13th largest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC lifted its position in Capital Group Core Balanced ETF by 120.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,153,227 shares of the company’s stock worth $35,808,000 after acquiring an additional 630,992 shares during the last quarter. Raymond James & Associates increased its stake in shares of Capital Group Core Balanced ETF by 2,489.3% during the third quarter. Raymond James & Associates now owns 491,605 shares of the company’s stock worth $15,264,000 after purchasing an additional 472,619 shares during the period. Cetera Investment Advisers acquired a new stake in Capital Group Core Balanced ETF during the 2nd quarter worth approximately $11,903,000. Private Advisor Group LLC boosted its stake in Capital Group Core Balanced ETF by 300.1% in the 3rd quarter. Private Advisor Group LLC now owns 263,295 shares of the company’s stock valued at $8,175,000 after purchasing an additional 197,484 shares during the period. Finally, Endeavor Private Wealth Inc. acquired a new position in Capital Group Core Balanced ETF in the 4th quarter valued at $3,842,000.

Capital Group Core Balanced ETF Price Performance

CGBL opened at $32.16 on Friday. The stock has a fifty day moving average of $31.73 and a 200-day moving average of $31.08. Capital Group Core Balanced ETF has a fifty-two week low of $27.60 and a fifty-two week high of $32.48.

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.