Beacon Financial Advisory LLC Buys 5,907 Shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Beacon Financial Advisory LLC boosted its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 42.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,914 shares of the company’s stock after purchasing an additional 5,907 shares during the quarter. Beacon Financial Advisory LLC owned about 0.14% of Capital Group Core Balanced ETF worth $618,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Valmark Advisers Inc. lifted its stake in shares of 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 worth $716,000 after buying an additional 370 shares during the last quarter. Confluence Wealth Services Inc. lifted its position in Capital Group Core Balanced ETF by 0.7% during the 3rd 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 last quarter. Hobbs Group Advisors LLC bought a new stake in Capital Group Core Balanced ETF during the second quarter valued at about $27,000. Moloney Securities Asset Management LLC grew its position in shares of Capital Group Core Balanced ETF by 7.9% in the third quarter. Moloney Securities Asset Management LLC now owns 24,249 shares of the company’s stock valued at $753,000 after purchasing an additional 1,772 shares during the last quarter. Finally, Lodestone Wealth Management LLC increased its stake in shares of Capital Group Core Balanced ETF by 26.5% in the third quarter. Lodestone Wealth Management LLC now owns 9,309 shares of the company’s stock worth $289,000 after purchasing an additional 1,951 shares during the period.

Capital Group Core Balanced ETF Stock Performance

Shares of NYSEARCA:CGBL opened at $31.65 on Thursday. The business has a 50 day moving average price of $31.01 and a 200 day moving average price of $30.08. Capital Group Core Balanced ETF has a twelve month low of $25.09 and a twelve month high of $31.85.

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.