Wealth Enhancement Advisory Services LLC Sells 608 Shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Wealth Enhancement Advisory Services LLC cut its stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 0.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 1,152,619 shares of the company’s stock after selling 608 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.08% of Capital Group Core Balanced ETF worth $35,789,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Advance Capital Management Inc. increased 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 purchasing an additional 65,778 shares in the last quarter. B. Riley Wealth Advisors Inc. bought a new stake in Capital Group Core Balanced ETF during the 3rd quarter worth approximately $910,000. World Investment Advisors LLC increased its stake in Capital Group Core Balanced ETF by 64.5% during the 3rd quarter. World Investment Advisors LLC now owns 44,462 shares of the company’s stock worth $1,381,000 after purchasing an additional 17,438 shares in the last quarter. Westside Investment Management Inc. increased its stake in Capital Group Core Balanced ETF by 39.1% during the 3rd quarter. Westside Investment Management Inc. now owns 61,117 shares of the company’s stock worth $1,898,000 after purchasing an additional 17,187 shares in the last quarter. Finally, Hobbs Group Advisors LLC increased its stake in Capital Group Core Balanced ETF by 257.4% during the 3rd quarter. Hobbs Group Advisors LLC now owns 3,217 shares of the company’s stock worth $100,000 after purchasing an additional 2,317 shares in the last quarter.

Capital Group Core Balanced ETF Price Performance

NYSEARCA CGBL opened at $31.00 on Friday. The business has a 50 day simple moving average of $31.67 and a 200 day simple moving average of $30.91. Capital Group Core Balanced ETF has a 52-week low of $26.96 and a 52-week high of $32.48.

Capital Group Core Balanced ETF 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.