Beacon Financial Advisory LLC Has $618,000 Stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Beacon Financial Advisory LLC boosted its stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 42.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,914 shares of the company’s stock after acquiring an additional 5,907 shares during the quarter. Beacon Financial Advisory LLC’s holdings in Capital Group Core Balanced ETF were worth $618,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CGBL. Hobbs Group Advisors LLC bought a new position in shares of Capital Group Core Balanced ETF during the 2nd quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in Capital Group Core Balanced ETF in the second quarter valued at $72,000. Rothschild Investment LLC acquired a new stake in Capital Group Core Balanced ETF in the 2nd quarter valued at $94,000. ICA Group Wealth Management LLC lifted its position in Capital Group Core Balanced ETF by 153.9% during the 2nd quarter. ICA Group Wealth Management LLC now owns 4,153 shares of the company’s stock worth $123,000 after buying an additional 2,517 shares in the last quarter. Finally, Transcendent Capital Group LLC acquired a new position in shares of Capital Group Core Balanced ETF during the 1st quarter worth about $184,000.

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 of $31.01 and a 200-day moving average of $30.08. Capital Group Core Balanced ETF has a fifty-two week low of $25.09 and a fifty-two week high of $31.85.

About Capital Group Core Balanced ETF

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.