Taylor Financial Group Inc. Purchases 5,711 Shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Taylor Financial Group Inc. lifted its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 7.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 85,747 shares of the company’s stock after acquiring an additional 5,711 shares during the quarter. Capital Group Core Balanced ETF comprises about 1.9% of Taylor Financial Group Inc.’s investment portfolio, making the stock its 10th biggest holding. Taylor Financial Group Inc. owned 0.60% of Capital Group Core Balanced ETF worth $2,681,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Creative Financial Designs Inc. ADV acquired a new position in shares of Capital Group Core Balanced ETF during the fourth quarter valued at approximately $41,000. Global Retirement Partners LLC increased its stake in shares of Capital Group Core Balanced ETF by 420.8% during the fourth quarter. Global Retirement Partners LLC now owns 2,484 shares of the company’s stock valued at $78,000 after acquiring an additional 2,007 shares during the period. Hobbs Group Advisors LLC increased its stake in shares of Capital Group Core Balanced ETF by 257.4% during the third quarter. Hobbs Group Advisors LLC now owns 3,217 shares of the company’s stock valued at $100,000 after acquiring an additional 2,317 shares during the period. Allworth Financial LP acquired a new position in shares of Capital Group Core Balanced ETF during the fourth quarter valued at approximately $105,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Capital Group Core Balanced ETF by 39.8% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,382 shares of the company’s stock valued at $106,000 after acquiring an additional 962 shares during the period.

Capital Group Core Balanced ETF Price Performance

NYSEARCA CGBL opened at $31.34 on Tuesday. Capital Group Core Balanced ETF has a 12 month low of $27.94 and a 12 month high of $32.65. The firm has a market capitalization of $1.74 billion, a PE ratio of 26.49 and a beta of 0.76. The company’s 50 day simple moving average is $31.84 and its 200 day simple moving average is $31.52.

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.