17,515 Shares in Capital Group Core Balanced ETF (NYSEARCA:CGBL) Bought by Synergy Investment Management LLC

Synergy Investment Management LLC purchased a new stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) in the 4th quarter, HoldingsChannel reports. The fund purchased 17,515 shares of the company’s stock, valued at approximately $548,000.

Several other institutional investors have also recently made changes to their positions in the stock. Advance Capital Management Inc. raised its stake in Capital Group Core Balanced ETF by 3.1% during the 4th quarter. Advance Capital Management Inc. now owns 2,160,553 shares of the company’s stock worth $67,561,000 after buying an additional 65,778 shares during the period. ST Germain D J Co. Inc. increased its holdings in shares of Capital Group Core Balanced ETF by 22.3% during the fourth quarter. ST Germain D J Co. Inc. now owns 573,172 shares of the company’s stock valued at $17,923,000 after acquiring an additional 104,540 shares in the last quarter. Private Advisor Group LLC raised its position in shares of Capital Group Core Balanced ETF by 20.9% during the fourth quarter. Private Advisor Group LLC now owns 318,296 shares of the company’s stock worth $9,953,000 after purchasing an additional 55,001 shares during the period. MML Investors Services LLC lifted its holdings in shares of Capital Group Core Balanced ETF by 18.2% in the 3rd quarter. MML Investors Services LLC now owns 242,924 shares of the company’s stock worth $7,543,000 after purchasing an additional 37,468 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Capital Group Core Balanced ETF by 10.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 233,146 shares of the company’s stock worth $7,304,000 after purchasing an additional 21,501 shares in the last quarter.

Capital Group Core Balanced ETF Stock Performance

Shares of CGBL stock opened at $31.76 on Tuesday. The firm has a fifty day simple moving average of $31.90 and a two-hundred day simple moving average of $31.47. Capital Group Core Balanced ETF has a 12 month low of $27.94 and a 12 month high of $32.65.

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.