CGBL Stock Summary and Trading Ideas (Capital Group Core Balanced ETF | ARCA:CGBL)

The fund's investment objective is to provide a balanced approach to total return (including income and capital gains) that is consistent with the preservation of capital over the long-term. With a portfolio of quality stocks and bonds, this balanced fund generally invests between 50% and 75% of its assets in equities, with flexible exposure to growth-oriented and dividend-paying stocks. The fixed income portion of the portfolio seeks to provide diversification from equities. This approach has the potential to provide consistent results, and to limit volatility. The fund will achieve its allocation to debt securities through investing in one or more fixed income exchange-traded funds (ETFs) managed and advised by the fund's investment adviser.

Capital Group Core Balanced ETF trades on the ARCA stock market under the symbol CGBL.

As of January 3, 2025, CGBL stock price climbed to $31.47 with 275,959 million shares trading.

CGBL has a beta of 0.75, meaning it tends to be less sensitive to market movements. CGBL has a correlation of 0.92 to the broad based SPY ETF.

CGBL has a market cap of $1.40 billion. This is considered a Small Cap stock.

CGBL has underperformed the market in the last year with a return of +18.6%, while the SPY ETF gained +27.8%. In the last 3 month period, CGBL fell short of the market, returning +2.4%, while SPY returned +4.6%. However, in the most recent 2 weeks CGBL has outperformed the stock market by returning +0.6%, while SPY returned +0.1%.

CGBL support price is $31.05 and resistance is $31.53 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CGBL shares will trade within this expected range on the day.