LongView Wealth Management Acquires 36,645 Shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL)

LongView Wealth Management lifted its holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 50.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 108,765 shares of the company’s stock after buying an additional 36,645 shares during the quarter. Capital Group Core Balanced ETF comprises 1.0% of LongView Wealth Management’s portfolio, making the stock its 25th biggest holding. LongView Wealth Management’s holdings in Capital Group Core Balanced ETF were worth $3,401,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Envestnet Asset Management Inc. boosted its stake in Capital Group Core Balanced ETF by 1,230.0% in the 2nd 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. Bridgewealth Advisory Group LLC grew its position in Capital Group Core Balanced ETF by 49.7% in the second quarter. Bridgewealth Advisory Group LLC now owns 11,740 shares of the company’s stock worth $349,000 after acquiring an additional 3,900 shares in the last quarter. Rockport Wealth LLC increased its position in shares of Capital Group Core Balanced ETF by 42.7% during the 2nd quarter. Rockport Wealth LLC now owns 138,349 shares of the company’s stock valued at $4,113,000 after purchasing an additional 41,425 shares during the last quarter. Sunbelt Securities Inc. raised its holdings in Capital Group Core Balanced ETF by 9.3% during the 2nd quarter. Sunbelt Securities Inc. now owns 187,153 shares of the company’s stock valued at $5,564,000 after buying an additional 15,978 shares during the period. Finally, Cetera Investment Advisers bought a new stake in Capital Group Core Balanced ETF in the second quarter worth $11,903,000.

Capital Group Core Balanced ETF Trading Up 0.6 %

CGBL stock opened at $31.72 on Friday. Capital Group Core Balanced ETF has a twelve month low of $27.03 and a twelve month high of $32.48. The firm’s fifty day simple moving average is $31.65 and its two-hundred day simple moving average is $30.95.

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.