Kingsview Wealth Management LLC Purchases 2,034 Shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Kingsview Wealth Management LLC raised its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 4.4% during the fourth quarter, Holdings Channel reports. The fund owned 48,417 shares of the company’s stock after acquiring an additional 2,034 shares during the period. Kingsview Wealth Management LLC’s holdings in Capital Group Core Balanced ETF were worth $1,514,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of CGBL. Clarity Wealth Advisors LLC boosted its holdings in shares of Capital Group Core Balanced ETF by 69.5% in the fourth quarter. Clarity Wealth Advisors LLC now owns 67,031 shares of the company’s stock worth $2,096,000 after buying an additional 27,486 shares during the last quarter. Seamount Financial Group Inc. raised its stake in shares of Capital Group Core Balanced ETF by 92.4% in the fourth quarter. Seamount Financial Group Inc. now owns 87,754 shares of the company’s stock worth $2,744,000 after buying an additional 42,155 shares during the period. Capital Management Associates Inc lifted its position in shares of Capital Group Core Balanced ETF by 155.6% during the 4th quarter. Capital Management Associates Inc now owns 104,329 shares of the company’s stock valued at $3,262,000 after buying an additional 63,513 shares in the last quarter. Strategic Financial Concepts LLC bought a new position in shares of Capital Group Core Balanced ETF during the 4th quarter valued at approximately $1,886,000. Finally, Financial Advocates Investment Management increased its holdings in Capital Group Core Balanced ETF by 3.0% in the 4th quarter. Financial Advocates Investment Management now owns 15,234 shares of the company’s stock worth $476,000 after acquiring an additional 440 shares in the last quarter.

Capital Group Core Balanced ETF Price Performance

Shares of NYSEARCA CGBL opened at $32.44 on Tuesday. Capital Group Core Balanced ETF has a 1 year low of $27.66 and a 1 year high of $32.65. The firm has a fifty day moving average price of $31.80 and a 200-day moving average price of $31.18.

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.