Strategic Financial Concepts LLC Buys New Position in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Strategic Financial Concepts LLC purchased a new position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 60,300 shares of the company’s stock, valued at approximately $1,886,000.

A number of other large investors have also modified their holdings of CGBL. Valmark Advisers Inc. increased its position in shares of Capital Group Core Balanced ETF by 1.6% in the 3rd quarter. Valmark Advisers Inc. now owns 23,072 shares of the company’s stock valued at $716,000 after acquiring an additional 370 shares during the period. Confluence Wealth Services Inc. increased 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 during the period. Financial Advocates Investment Management raised its stake in shares of Capital Group Core Balanced ETF by 3.0% during the 4th quarter. Financial Advocates Investment Management now owns 15,234 shares of the company’s stock valued at $476,000 after buying an additional 440 shares during the last quarter. Lodestone Wealth Management LLC boosted 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 buying an additional 549 shares during the last quarter. Finally, Davies Financial Advisors Inc. grew its holdings in Capital Group Core Balanced ETF by 1.3% during 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 during the period.

Capital Group Core Balanced ETF Stock Down 0.1 %

Shares of NYSEARCA CGBL opened at $32.48 on Tuesday. The firm’s 50 day simple moving average is $31.84 and its 200-day simple moving average is $31.27. Capital Group Core Balanced ETF has a 12 month low of $27.87 and a 12 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.