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.