Signature Estate & Investment Advisors LLC Increases Holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Signature Estate & Investment Advisors LLC lifted its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 93.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 59,806 shares of the company’s stock after buying an additional 28,917 shares during the period. Signature Estate & Investment Advisors LLC owned approximately 0.42% of Capital Group Core Balanced ETF worth $1,870,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of CGBL. LPL Financial LLC grew its holdings in Capital Group Core Balanced ETF by 50.7% during the fourth quarter. LPL Financial LLC now owns 3,787,433 shares of the company’s stock valued at $118,433,000 after purchasing an additional 1,274,153 shares during the period. Raymond James Financial Inc. bought a new stake in Capital Group Core Balanced ETF during the 4th quarter worth approximately $26,385,000. Commonwealth Equity Services LLC lifted its holdings in Capital Group Core Balanced ETF by 38.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,232,842 shares of the company’s stock valued at $38,551,000 after purchasing an additional 343,818 shares in the last quarter. Confluence Wealth Services Inc. boosted its position in shares of Capital Group Core Balanced ETF by 252.5% in the fourth quarter. Confluence Wealth Services Inc. now owns 214,999 shares of the company’s stock worth $6,923,000 after purchasing an additional 154,001 shares during the period. Finally, Endeavor Private Wealth Inc. purchased a new stake in shares of Capital Group Core Balanced ETF in the fourth quarter worth $3,842,000.

Capital Group Core Balanced ETF Stock Performance

CGBL opened at $31.71 on Wednesday. The stock has a market cap of $1.82 billion, a price-to-earnings ratio of 25.90 and a beta of 0.76. The firm’s fifty day moving average is $31.87 and its 200 day moving average is $31.57. Capital Group Core Balanced ETF has a fifty-two week low of $27.94 and a fifty-two week high of $32.65.

About Capital Group Core Balanced ETF

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.