Advance Capital Management Inc. Grows Stock Holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Advance Capital Management Inc. increased its position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 3.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,160,553 shares of the company’s stock after acquiring an additional 65,778 shares during the period. Capital Group Core Balanced ETF comprises 3.1% of Advance Capital Management Inc.’s holdings, making the stock its 5th largest holding. Advance Capital Management Inc. owned approximately 15.22% of Capital Group Core Balanced ETF worth $67,561,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Bleakley Financial Group LLC boosted its holdings in shares of Capital Group Core Balanced ETF by 21.5% in the 3rd quarter. Bleakley Financial Group LLC now owns 20,654 shares of the company’s stock valued at $641,000 after purchasing an additional 3,652 shares in the last quarter. Private Advisor Group LLC boosted its stake in Capital Group Core Balanced ETF by 257.8% in the second quarter. Private Advisor Group LLC now owns 65,811 shares of the company’s stock valued at $1,957,000 after buying an additional 47,417 shares in the last quarter. LPL Financial LLC grew its position in Capital Group Core Balanced ETF by 377.5% in the second quarter. LPL Financial LLC now owns 1,448,597 shares of the company’s stock valued at $43,067,000 after acquiring an additional 1,145,222 shares during the last quarter. AA Financial Advisors LLC grew its position in Capital Group Core Balanced ETF by 15.4% in the third quarter. AA Financial Advisors LLC now owns 58,758 shares of the company’s stock valued at $1,824,000 after acquiring an additional 7,830 shares during the last quarter. Finally, Lodestone Wealth Management LLC raised its stake in Capital Group Core Balanced ETF by 26.5% during the third quarter. Lodestone Wealth Management LLC now owns 9,309 shares of the company’s stock worth $289,000 after acquiring an additional 1,951 shares in the last quarter.

Capital Group Core Balanced ETF Trading Up 0.4 %

Shares of CGBL traded up $0.14 during mid-day trading on Monday, reaching $31.61. The company had a trading volume of 632,746 shares, compared to its average volume of 453,199. The company’s 50 day simple moving average is $31.66 and its 200 day simple moving average is $30.88. 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 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.