Gateway Wealth Partners LLC Purchases New Shares in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Gateway Wealth Partners LLC acquired a new stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 8,181 shares of the company’s stock, valued at approximately $254,000. Gateway Wealth Partners LLC owned approximately 0.06% of Capital Group Core Balanced ETF as of its most recent filing with the Securities and Exchange Commission.

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

Capital Group Core Balanced ETF Trading Up 0.4 %

Shares of Capital Group Core Balanced ETF stock opened at $31.49 on Wednesday. Capital Group Core Balanced ETF has a 52 week low of $24.30 and a 52 week high of $31.66. The firm’s 50 day moving average is $30.94 and its two-hundred day moving average is $29.96.

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.