Bridgewealth Advisory Group LLC Grows Position in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Bridgewealth Advisory Group LLC increased its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 49.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,740 shares of the company’s stock after purchasing an additional 3,900 shares during the period. Bridgewealth Advisory Group LLC owned 0.08% of Capital Group Core Balanced ETF worth $349,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. ICA Group Wealth Management LLC grew its position in shares of Capital Group Core Balanced ETF by 153.9% in the 2nd quarter. ICA Group Wealth Management LLC now owns 4,153 shares of the company’s stock worth $123,000 after buying an additional 2,517 shares during the period. Envestnet Asset Management Inc. grew its holdings in Capital Group Core Balanced ETF by 1,230.0% in the second quarter. Envestnet Asset Management Inc. now owns 1,154,454 shares of the company’s stock worth $34,322,000 after purchasing an additional 1,067,655 shares during the period. LPL Financial LLC increased its stake in shares of Capital Group Core Balanced ETF by 377.5% during the second quarter. LPL Financial LLC now owns 1,448,597 shares of the company’s stock valued at $43,067,000 after purchasing an additional 1,145,222 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new position in shares of Capital Group Core Balanced ETF during the second quarter valued at approximately $1,080,000. Finally, Private Advisor Group LLC boosted its position in shares of Capital Group Core Balanced ETF by 257.8% in the 2nd quarter. Private Advisor Group LLC now owns 65,811 shares of the company’s stock worth $1,957,000 after purchasing an additional 47,417 shares in the last quarter.

Capital Group Core Balanced ETF Stock Down 0.1 %

CGBL stock opened at $31.12 on Friday. The business has a 50 day moving average of $30.20 and a 200 day moving average of $29.50. Capital Group Core Balanced ETF has a twelve month low of $24.23 and a twelve month high of $31.60.

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.