Concurrent Investment Advisors LLC Sells 2,997 Shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Concurrent Investment Advisors LLC reduced its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 1.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 191,462 shares of the company’s stock after selling 2,997 shares during the period. Concurrent Investment Advisors LLC owned approximately 1.35% of Capital Group Core Balanced ETF worth $5,987,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Private Advisor Group LLC lifted its holdings in shares of Capital Group Core Balanced ETF by 20.9% in the 4th quarter. Private Advisor Group LLC now owns 318,296 shares of the company’s stock worth $9,953,000 after purchasing an additional 55,001 shares in the last quarter. Global Retirement Partners LLC increased its stake in Capital Group Core Balanced ETF by 420.8% in the 4th quarter. Global Retirement Partners LLC now owns 2,484 shares of the company’s stock worth $78,000 after purchasing an additional 2,007 shares during the period. Atria Wealth Solutions Inc. increased its stake in Capital Group Core Balanced ETF by 39.7% in the 4th quarter. Atria Wealth Solutions Inc. now owns 91,343 shares of the company’s stock worth $2,856,000 after purchasing an additional 25,952 shares during the period. D.A. Davidson & CO. increased its stake in shares of Capital Group Core Balanced ETF by 7.6% during the fourth quarter. D.A. Davidson & CO. now owns 210,349 shares of the company’s stock valued at $6,578,000 after buying an additional 14,796 shares during the period. Finally, Truist Financial Corp increased its stake in shares of Capital Group Core Balanced ETF by 241.7% during the fourth quarter. Truist Financial Corp now owns 54,683 shares of the company’s stock valued at $1,710,000 after buying an additional 38,680 shares during the period.

Capital Group Core Balanced ETF Stock Performance

NYSEARCA CGBL opened at $32.55 on Thursday. The stock’s 50 day moving average is $31.87 and its 200 day moving average is $31.32. Capital Group Core Balanced ETF has a twelve month low of $27.87 and a twelve month high of $32.65.

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.