Independent Wealth Network Inc. Acquires New Holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Independent Wealth Network Inc. acquired a new stake in Capital Group Core Balanced ETF (NYSEARCA:CGBL) in the 4th quarter, Holdings Channel.com reports. The fund acquired 15,271 shares of the company’s stock, valued at approximately $478,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Valmark Advisers Inc. boosted its position in Capital Group Core Balanced ETF by 1.6% during the 3rd quarter. Valmark Advisers Inc. now owns 23,072 shares of the company’s stock worth $716,000 after acquiring an additional 370 shares during the last quarter. Confluence Wealth Services Inc. boosted its position in Capital Group Core Balanced ETF by 0.7% during the 3rd quarter. Confluence Wealth Services Inc. now owns 60,998 shares of the company’s stock worth $1,894,000 after acquiring an additional 428 shares during the last quarter. Davies Financial Advisors Inc. boosted its holdings in shares of Capital Group Core Balanced ETF by 1.3% in the 4th quarter. Davies Financial Advisors Inc. now owns 58,906 shares of the company’s stock valued at $1,842,000 after buying an additional 780 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Capital Group Core Balanced ETF by 39.8% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,382 shares of the company’s stock valued at $106,000 after buying an additional 962 shares during the last quarter. Finally, Private Trust Co. NA boosted its holdings in shares of Capital Group Core Balanced ETF by 28.0% in the 3rd quarter. Private Trust Co. NA now owns 6,591 shares of the company’s stock valued at $205,000 after buying an additional 1,441 shares during the last quarter.

Capital Group Core Balanced ETF Price Performance

NYSEARCA CGBL opened at $32.05 on Thursday. Capital Group Core Balanced ETF has a 12 month low of $27.35 and a 12 month high of $32.48. The stock has a 50 day moving average of $31.65 and a 200-day moving average of $31.01.

Capital Group Core Balanced ETF Company 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.