40,318 Shares in Capital Group Growth ETF $CGGR Acquired by Mann Financial Group Inc.

Mann Financial Group Inc. acquired a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 40,318 shares of the company’s stock, valued at approximately $1,771,000. Capital Group Growth ETF comprises approximately 1.7% of Mann Financial Group Inc.’s holdings, making the stock its 7th largest position.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Hazlett Burt & Watson Inc. raised its stake in shares of Capital Group Growth ETF by 806.5% in the third quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock worth $25,000 after purchasing an additional 500 shares during the last quarter. Atlantic Union Bankshares Corp bought a new stake in Capital Group Growth ETF in the 3rd quarter worth about $25,000. New Millennium Group LLC purchased a new position in Capital Group Growth ETF in the 3rd quarter worth about $25,000. Fifth Third Bancorp raised its position in Capital Group Growth ETF by 285.9% in the 3rd quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock worth $30,000 after buying an additional 506 shares during the last quarter. Finally, Banco de Sabadell S.A bought a new position in Capital Group Growth ETF during the 2nd quarter valued at about $47,000.

Capital Group Growth ETF Stock Up 1.4%

Shares of NYSEARCA CGGR opened at $43.14 on Thursday. The firm’s 50-day moving average price is $44.09 and its 200-day moving average price is $43.88. Capital Group Growth ETF has a 52-week low of $29.23 and a 52-week high of $45.83. The company has a market cap of $19.11 billion, a PE ratio of 30.88 and a beta of 1.17.

Capital Group Growth ETF Announces Dividend

The business also recently announced a dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were given a $0.0424 dividend. This represents a yield of 19.0%. The ex-dividend date of this dividend was Friday, December 26th.

About Capital Group Growth ETF

The Capital Group Growth ETF (CGGR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests predominantly in US companies of any market capitalization. The fund seeks to provide capital growth. CGGR was launched on Feb 22, 2022 and is managed by Capital Group.