Confluence Wealth Services Inc. Grows Stock Position in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Confluence Wealth Services Inc. raised its position in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 252.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 214,999 shares of the company’s stock after acquiring an additional 154,001 shares during the quarter. Confluence Wealth Services Inc.’s holdings in Capital Group Core Balanced ETF were worth $6,923,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Hobbs Group Advisors LLC increased its stake in Capital Group Core Balanced ETF by 257.4% during the 3rd 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 during the period. Thurston Springer Miller Herd & Titak Inc. grew 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 in the last quarter. Ashton Thomas Securities LLC purchased a new stake in shares of Capital Group Core Balanced ETF during the third quarter worth about $141,000. Tudor Financial Inc. acquired a new position in shares of Capital Group Core Balanced ETF in the fourth quarter worth about $202,000. Finally, Private Trust Co. NA boosted its holdings in Capital Group Core Balanced ETF by 28.0% in the third quarter. Private Trust Co. NA now owns 6,591 shares of the company’s stock valued at $205,000 after purchasing an additional 1,441 shares during the last quarter.

Capital Group Core Balanced ETF Stock Performance

Shares of NYSEARCA CGBL opened at $32.19 on Wednesday. Capital Group Core Balanced ETF has a fifty-two week low of $27.66 and a fifty-two week high of $32.48. The business has a 50 day moving average price of $31.77 and a two-hundred day moving average price of $31.13.

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.