Benjamin Edwards Inc. Buys New Position in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Benjamin Edwards Inc. bought a new stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) during the 3rd quarter, Holdings Channel.com reports. The firm bought 89,207 shares of the company’s stock, valued at approximately $2,770,000.

Several other institutional investors have also added to or reduced their stakes in CGBL. CWM LLC boosted its holdings in Capital Group Core Balanced ETF by 82.3% in the second quarter. CWM LLC now owns 39,350 shares of the company’s stock valued at $1,170,000 after acquiring an additional 17,769 shares during the last quarter. Simplicity Wealth LLC bought a new position in shares of Capital Group Core Balanced ETF during the 2nd quarter worth approximately $505,000. RFG Advisory LLC boosted its holdings in shares of Capital Group Core Balanced ETF by 191.8% during the 2nd quarter. RFG Advisory LLC now owns 39,537 shares of the company’s stock worth $1,175,000 after buying an additional 25,987 shares in the last quarter. Dynamic Advisor Solutions LLC bought a new position in shares of Capital Group Core Balanced ETF during the 2nd quarter worth approximately $250,000. Finally, AA Financial Advisors LLC boosted its holdings in shares of Capital Group Core Balanced ETF by 4.9% during the 2nd quarter. AA Financial Advisors LLC now owns 50,928 shares of the company’s stock worth $1,514,000 after buying an additional 2,381 shares in the last quarter.

Capital Group Core Balanced ETF Stock Performance

Capital Group Core Balanced ETF stock opened at $32.14 on Thursday. Capital Group Core Balanced ETF has a 52-week low of $26.10 and a 52-week high of $32.16. The stock’s 50 day moving average price is $31.44 and its two-hundred day moving average price is $30.51.

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.