Dahring Cusmano LLC Buys Shares of 15,611 Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Dahring Cusmano LLC bought a new stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 15,611 shares of the company’s stock, valued at approximately $488,000. Capital Group Core Balanced ETF accounts for approximately 0.4% of Dahring Cusmano LLC’s investment portfolio, making the stock its 26th biggest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Valmark Advisers Inc. raised its position in Capital Group Core Balanced ETF by 1.6% in the third quarter. Valmark Advisers Inc. now owns 23,072 shares of the company’s stock valued at $716,000 after purchasing an additional 370 shares during the period. Confluence Wealth Services Inc. grew its stake in shares of Capital Group Core Balanced ETF by 0.7% in the third quarter. Confluence Wealth Services Inc. now owns 60,998 shares of the company’s stock worth $1,894,000 after acquiring an additional 428 shares in the last quarter. Financial Advocates Investment Management grew its stake in shares of Capital Group Core Balanced ETF by 3.0% in the fourth quarter. Financial Advocates Investment Management now owns 15,234 shares of the company’s stock worth $476,000 after acquiring an additional 440 shares in the last quarter. Lodestone Wealth Management LLC grew its stake in shares of Capital Group Core Balanced ETF by 5.9% in the fourth quarter. Lodestone Wealth Management LLC now owns 9,858 shares of the company’s stock worth $308,000 after acquiring an additional 549 shares in the last quarter. Finally, Davies Financial Advisors Inc. grew its stake in shares of Capital Group Core Balanced ETF by 1.3% in the fourth quarter. Davies Financial Advisors Inc. now owns 58,906 shares of the company’s stock worth $1,842,000 after acquiring an additional 780 shares in the last quarter.

Capital Group Core Balanced ETF Stock Performance

NYSEARCA:CGBL opened at $32.12 on Friday. The company has a fifty day simple moving average of $31.88 and a two-hundred day simple moving average of $31.35. Capital Group Core Balanced ETF has a 52 week low of $27.94 and a 52 week high of $32.65.

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.