Transcendent Capital Group LLC Grows Stock Position in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Transcendent Capital Group LLC grew its position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 17.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,441 shares of the company’s stock after buying an additional 1,122 shares during the period. Transcendent Capital Group LLC owned 0.05% of Capital Group Core Balanced ETF worth $233,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CWS Financial Advisors LLC lifted its holdings in Capital Group Core Balanced ETF by 51.3% during the fourth quarter. CWS Financial Advisors LLC now owns 43,903 shares of the company’s stock valued at $1,373,000 after purchasing an additional 14,886 shares during the last quarter. Sigma Planning Corp bought a new stake in shares of Capital Group Core Balanced ETF in the fourth quarter valued at approximately $2,071,000. Dahring Cusmano LLC purchased a new stake in shares of Capital Group Core Balanced ETF during the 4th quarter valued at approximately $488,000. Private Advisor Group LLC boosted its holdings in 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 buying an additional 55,001 shares during the period. Finally, Global Retirement Partners LLC grew 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 valued at $78,000 after buying an additional 2,007 shares in the last quarter.

Capital Group Core Balanced ETF Price Performance

Shares of CGBL stock opened at $32.01 on Tuesday. The company’s fifty day simple moving average is $31.87 and its two-hundred day simple moving average is $31.40. Capital Group Core Balanced ETF has a 1 year low of $27.94 and a 1 year 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.