Taylor Financial Group Inc. Grows Stock Holdings in Capital Group Core Balanced ETF (NYSEARCA:CGBL)

Taylor Financial Group Inc. increased its stake in shares of Capital Group Core Balanced ETF (NYSEARCA:CGBL) by 7.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 85,747 shares of the company’s stock after purchasing an additional 5,711 shares during the quarter. Capital Group Core Balanced ETF comprises about 1.9% of Taylor Financial Group Inc.’s portfolio, making the stock its 10th biggest position. Taylor Financial Group Inc.’s holdings in Capital Group Core Balanced ETF were worth $2,681,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Creative Financial Designs Inc. ADV bought a new stake in shares of Capital Group Core Balanced ETF during the fourth quarter valued at approximately $41,000. Global Retirement Partners LLC grew its stake in shares of Capital Group Core Balanced ETF by 420.8% during the fourth quarter. Global Retirement Partners LLC now owns 2,484 shares of the company’s stock valued at $78,000 after purchasing an additional 2,007 shares during the last quarter. Hobbs Group Advisors LLC grew its stake in shares of 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 valued at $100,000 after purchasing an additional 2,317 shares during the last quarter. Allworth Financial LP bought a new stake in shares of Capital Group Core Balanced ETF during the fourth quarter valued at approximately $105,000. Finally, 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 purchasing an additional 962 shares during the last quarter.

Capital Group Core Balanced ETF Price Performance

CGBL opened at $31.34 on Tuesday. Capital Group Core Balanced ETF has a one year low of $27.94 and a one year high of $32.65. The company’s 50 day simple moving average is $31.84 and its 200-day simple moving average is $31.52. The stock has a market capitalization of $1.74 billion, a P/E ratio of 26.49 and a beta of 0.76.

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.