Dakota Wealth Management Has $877,000 Stock Position in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Dakota Wealth Management cut its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 11.7% in the 3rd quarter, HoldingsChannel reports. The fund owned 28,123 shares of the company’s stock after selling 3,731 shares during the quarter. Dakota Wealth Management’s holdings in Capital Group Core Balanced ETF were worth $877,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of CGBL. Hobbs Group Advisors LLC acquired a new stake in Capital Group Core Balanced ETF during the second quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Capital Group Core Balanced ETF during the second quarter worth approximately $72,000. Rothschild Investment LLC acquired a new stake in Capital Group Core Balanced ETF during the second quarter worth approximately $94,000. ICA Group Wealth Management LLC lifted its position in Capital Group Core Balanced ETF by 153.9% during the second quarter. ICA Group Wealth Management LLC now owns 4,153 shares of the company’s stock worth $123,000 after acquiring an additional 2,517 shares during the last quarter. Finally, Transcendent Capital Group LLC acquired a new stake in Capital Group Core Balanced ETF during the first quarter worth approximately $184,000.

Capital Group Core Balanced ETF Stock Performance

Shares of CGBL stock opened at $31.34 on Monday. The firm has a 50 day moving average price of $30.90 and a two-hundred day moving average price of $29.92. Capital Group Core Balanced ETF has a 12-month low of $24.23 and a 12-month high of $31.66.

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.