What Capital Group Core Balanced ETF (CGBL) Bought: JNJ Leads on Oct. 16

This article first appeared on GuruFocus. Capital Group Core Balanced ETF (CGBL) added to just 3 positions while trimming 30 on Friday, with gross ETF activity of $137.4 million producing net selling of $34.3 million. The fund, with $7.90 billion in assets, made its largest purchase a new stake in Johnson & Johnson. What did CGBL buy on Friday? Warning! GuruFocus has detected 4 Warning Sign with KSKGF. Is CGBL fairly valued? Test your thesis with our free DCF calculator. Its largest buys by dollar value were JNJ ($35.7 million), SHOP ($13.9 million) and MSTR ($2.0 million). Stock Shares changed Value Position JOHNSON + JOHNSON COMMON STOCK USD1.0 (JNJ) +139,612 $35.7M New position SHOPIFY INC CLASS A COMMON STOCK (SHOP) +81,992 $13.9M New position STRATEGY INC COMMON STOCK USD.001 (MSTR) +14,406 $2.0M 0.26% of fund What did CGBL sell on Friday? Its largest sells by dollar value were GEV ($14.2 million), SCCO ($13.4 million) and COF ($11.9 million). Stock Shares changed Value Position GE VERNOVA INC COMMON STOCK USD.01 (GEV) -15,424 -$14.2M 0.83% of fund SOUTHERN COPPER CORP COMMON STOCK USD.01 (SCCO) -66,712 -$13.4M 0.00% of fund CAPITAL ONE FINANCIAL CORP COMMON STOCK USD.01 (COF) -58,820 -$11.9M 0.42% of fund APOLLO GLOBAL MANAGEMENT INC COMMON STOCK USD.0001 (APO) -64,420 -$7.1M 0.50% of fund HOME DEPOT INC COMMON STOCK USD.05 (HD) -15,727 -$4.9M 0.36% of fund The $35.7 million Johnson & Johnson buy was a new position at 0.47% of assets, and Shopify also entered the portfolio with a $13.9 million purchase (0.19%). Strategy Inc was the only other notable addition, at $2.0 million. On the sell side, GE Vernova led at $14.2 million, followed by Southern Copper at $13.4 million, Capital One Financial at $11.9 million, Apollo Global Management at $7.1 million and Home Depot at $4.9 million. How does CGBL invest? Capital Group Core Balanced ETF (CGBL) is a Mixed Asset USD Aggressive fund in the Equity asset class, holding 76 stocks with 60.2% of assets in its 10 largest holdings. Technology accounts for 29.7% of classified stocks, Industrials 12.8% and Financial Services 12.1%. Its mix is 60.0% large-cap, 39.7% mid-cap and 0.3% small-cap, and it charges 0.33%. Top holdings include Capital Group Core Plus Income at 23.71%, Capital Group Core Bond ETF at 16.0%, Broadcom at 4.21%, Alphabet at 3.13% and Taiwan Semiconductor at 2.92%. It has a GF Score of 86, a P/E of 24.0, a P/B of 4.4, a dividend yield of 1.96% and a year-to-date return of 5.73%. Capital Group Core Balanced ETF (CGBL) at a glance Measure Value Category Mixed Asset USD Aggressive Asset class Equity Holdings 76 Top 10 holdings 60.2% of assets Largest sectors Technology 29.7%, Industrials 12.8%, Financial Services 12.1% Expense ratio 0.33% Market-cap mix Large 60.0%, mid 39.7%, small 0.3% GF Score 86/100 P/E 24.00 P/B 4.40 Dividend yield 1.96% Year-to-date return +5.73% Top holdings CGCP (23.71%), CGCB (16.00%), AVGO (4.21%), GOOG (3.13%), TSM (2.92%) Story Continues See the full Capital Group Core Balanced ETF profile, or compare it with similar funds in the ETF Screener. For the stock behind its biggest buy, see JNJ's GF Value page and guru trades. See which funds are buying and selling on GuruFocus ETF Trends, or find and compare funds with the ETF Screener. What should investors watch next for CGBL? Watch whether the new Johnson & Johnson and Shopify stakes are built up further in the next holdings update, and whether the trimming across 30 positions continues. Based on holdings changes reported by Capital Group Core Balanced ETF (CGBL) for Oct. 16, 2026, US-listed stocks only. What else did ETFs trade on Friday? Sector Trends: Financial Services bought, Technology sold on Friday First Trust RBA American Industrial (AIRR) Adds Herc and C.H. Robinson on Oct. 16 Financial Select Sector SPDR (XLF) Buys $57.8 Million More Berkshire on Oct. 16 State Street SPDR Dow Jones (DIA) Sells Goldman Sachs and Caterpillar on Friday ETFs Are Net Sellers of Tesla (TSLA) on Friday View Comments