Claro Advisors LLC Makes New Investment in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Claro Advisors LLC bought a new position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 6,635 shares of the company’s stock, valued at approximately $207,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hobbs Group Advisors LLC increased its stake in shares of Capital Group Core Balanced ETF by 257.4% during the third quarter. Hobbs Group Advisors LLC now owns 3,217 shares of the company’s stock valued at $100,000 after purchasing an additional 2,317 shares in the last quarter. Ashton Thomas Securities LLC purchased a new stake in shares of Capital Group Core Balanced ETF in the 3rd quarter worth approximately $141,000. Private Trust Co. NA increased its position in Capital Group Core Balanced ETF by 28.0% during the 3rd quarter. Private Trust Co. NA now owns 6,591 shares of the company’s stock valued at $205,000 after buying an additional 1,441 shares in the last quarter. HBW Advisory Services LLC purchased a new position in Capital Group Core Balanced ETF during the fourth quarter valued at $206,000. Finally, Summit Global Investments bought a new stake in Capital Group Core Balanced ETF in the third quarter worth $209,000.

Capital Group Core Balanced ETF Stock Performance

Shares of NYSEARCA:CGBL opened at $31.45 on Thursday. The business has a fifty day moving average price of $31.67 and a 200-day moving average price of $30.95. Capital Group Core Balanced ETF has a 1-year low of $26.96 and a 1-year high of $32.48.

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.