Gateway Wealth Partners LLC Has $499,000 Stock Position in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Gateway Wealth Partners LLC lifted its position in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 95.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,953 shares of the company’s stock after purchasing an additional 7,772 shares during the quarter. Gateway Wealth Partners LLC owned approximately 0.11% of Capital Group Core Balanced ETF worth $499,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Hobbs Group Advisors LLC boosted its stake in 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 worth $100,000 after buying an additional 2,317 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Capital Group Core Balanced ETF by 39.8% during the 4th 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 in the last quarter. Ashton Thomas Securities LLC bought a new stake in Capital Group Core Balanced ETF in the third quarter valued at about $141,000. Tudor Financial Inc. acquired a new position in Capital Group Core Balanced ETF in the fourth quarter worth about $202,000. Finally, Private Trust Co. NA lifted its stake in Capital Group Core Balanced ETF by 28.0% during the third quarter. Private Trust Co. NA now owns 6,591 shares of the company’s stock worth $205,000 after purchasing an additional 1,441 shares during the period.

Capital Group Core Balanced ETF Price Performance

NYSEARCA CGBL opened at $31.98 on Thursday. Capital Group Core Balanced ETF has a 1-year low of $27.60 and a 1-year high of $32.48. The stock’s 50 day moving average is $31.72 and its two-hundred day moving average is $31.07.

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.