Valmark Advisers Inc. Purchases 370 Shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Valmark Advisers Inc. lifted its holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 1.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 23,072 shares of the company’s stock after buying an additional 370 shares during the period. Valmark Advisers Inc.’s holdings in Capital Group Core Balanced ETF were worth $716,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Hobbs Group Advisors LLC purchased a new stake in Capital Group Core Balanced ETF during the second quarter valued at approximately $27,000. AA Financial Advisors LLC raised its holdings in Capital Group Core Balanced ETF by 4.9% in the 2nd quarter. AA Financial Advisors LLC now owns 50,928 shares of the company’s stock worth $1,514,000 after purchasing an additional 2,381 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Capital Group Core Balanced ETF during the second quarter valued at $72,000. ICA Group Wealth Management LLC increased its position 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 worth $123,000 after buying an additional 2,517 shares in the last quarter. Finally, Capital Group Private Client Services Inc. raised its stake in shares of Capital Group Core Balanced ETF by 2.5% in the first quarter. Capital Group Private Client Services Inc. now owns 111,804 shares of the company’s stock worth $3,255,000 after buying an additional 2,723 shares during the period.

Capital Group Core Balanced ETF Trading Down 0.3 %

Shares of NYSEARCA:CGBL opened at $31.38 on Thursday. The stock has a 50 day moving average of $30.95 and a 200 day moving average of $29.97. Capital Group Core Balanced ETF has a 12-month low of $24.32 and a 12-month 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.