Moloney Securities Asset Management LLC Has $753,000 Position in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Moloney Securities Asset Management LLC boosted its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 7.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 24,249 shares of the company’s stock after purchasing an additional 1,772 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Capital Group Core Balanced ETF were worth $753,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Hobbs Group Advisors LLC acquired a new position in Capital Group Core Balanced ETF during the second quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Capital Group Core Balanced ETF during the second quarter worth $72,000. Rothschild Investment LLC bought a new stake in shares of Capital Group Core Balanced ETF during the second quarter worth $94,000. ICA Group Wealth Management LLC grew its holdings in shares of Capital Group Core Balanced ETF by 153.9% during the second quarter. ICA Group Wealth Management LLC now owns 4,153 shares of the company’s stock worth $123,000 after purchasing an additional 2,517 shares during the last quarter. Finally, Transcendent Capital Group LLC bought a new stake in shares of Capital Group Core Balanced ETF during the first quarter worth $184,000.

Capital Group Core Balanced ETF Stock Performance

Shares of CGBL stock opened at $31.30 on Wednesday. The stock’s fifty day moving average is $30.99 and its 200-day moving average is $30.07. Capital Group Core Balanced ETF has a 52 week low of $25.09 and a 52 week high of $31.66.

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.