Kingsview Wealth Management LLC Boosts Stock Position in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Kingsview Wealth Management LLC boosted its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 79.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 46,383 shares of the company’s stock after purchasing an additional 20,552 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Capital Group Core Balanced ETF were worth $1,440,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Confluence Wealth Services Inc. raised its stake in shares of Capital Group Core Balanced ETF by 4.8% during the 2nd quarter. Confluence Wealth Services Inc. now owns 60,570 shares of the company’s stock worth $1,801,000 after acquiring an additional 2,770 shares in the last quarter. Bleakley Financial Group LLC grew its holdings in Capital Group Core Balanced ETF by 21.5% in the third quarter. Bleakley Financial Group LLC now owns 20,654 shares of the company’s stock worth $641,000 after purchasing an additional 3,652 shares during the last quarter. Dakota Wealth Management grew its holdings in Capital Group Core Balanced ETF by 42.7% in the second quarter. Dakota Wealth Management now owns 31,854 shares of the company’s stock worth $951,000 after purchasing an additional 9,529 shares during the last quarter. Simplicity Wealth LLC acquired a new position in shares of Capital Group Core Balanced ETF during the second quarter worth $505,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Capital Group Core Balanced ETF during the 2nd quarter valued at $1,123,000.

Capital Group Core Balanced ETF Trading Up 0.4 %

Capital Group Core Balanced ETF stock opened at $31.76 on Tuesday. The stock has a 50-day moving average of $31.32 and a two-hundred day moving average of $30.38. Capital Group Core Balanced ETF has a one year low of $25.89 and a one year high of $32.03.

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.