Continuum Advisory LLC Purchases 15,516 Shares of Capital Group Core Balanced ETF $CGBL

Continuum Advisory LLC raised its holdings in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 16.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 109,546 shares of the company’s stock after buying an additional 15,516 shares during the period. Continuum Advisory LLC owned about 0.06% of Capital Group Core Balanced ETF worth $4,158,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. World Investment Advisors grew its position in Capital Group Core Balanced ETF by 57.9% in the 4th quarter. World Investment Advisors now owns 273,910 shares of the company’s stock valued at $9,273,000 after acquiring an additional 100,405 shares during the last quarter. UBS Group AG lifted its position in shares of Capital Group Core Balanced ETF by 25.5% during the fourth quarter. UBS Group AG now owns 201,077 shares of the company’s stock worth $7,104,000 after purchasing an additional 40,826 shares during the last quarter. Compton Financial Group LLC purchased a new stake in shares of Capital Group Core Balanced ETF during the fourth quarter valued at $799,000. VVR Holdings LLC purchased a new stake in shares of Capital Group Core Balanced ETF during the fourth quarter valued at $2,521,000. Finally, Stephens Inc. AR boosted its stake in shares of Capital Group Core Balanced ETF by 86.7% during the fourth quarter. Stephens Inc. AR now owns 64,090 shares of the company’s stock valued at $2,264,000 after purchasing an additional 29,760 shares during the period.

Capital Group Core Balanced ETF Trading Up 0.6%

NYSEARCA CGBL opened at $37.97 on Thursday. The stock has a market cap of $7.34 billion, a PE ratio of 25.37 and a beta of 0.69. Capital Group Core Balanced ETF has a 12 month low of $33.67 and a 12 month high of $38.68. The company’s 50-day moving average price is $37.81 and its 200-day moving average price is $36.90.

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. CGBL was launched on Sep 26, 2023 and is issued by Capital Group.