Capital Group Growth ETF $CGGR Shares Bought by Mutual Advisors LLC

Mutual Advisors LLC lifted its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 69.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 393,880 shares of the company’s stock after purchasing an additional 161,470 shares during the quarter. Mutual Advisors LLC owned about 0.10% of Capital Group Growth ETF worth $17,571,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in CGGR. Commonwealth Equity Services LLC lifted its position in Capital Group Growth ETF by 2.2% during the third quarter. Commonwealth Equity Services LLC now owns 12,707,821 shares of the company’s stock worth $558,128,000 after buying an additional 271,970 shares during the period. Bank of America Corp DE increased its stake in shares of Capital Group Growth ETF by 0.6% during the 2nd quarter. Bank of America Corp DE now owns 11,478,224 shares of the company’s stock valued at $466,590,000 after acquiring an additional 72,811 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Capital Group Growth ETF by 29.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,446,012 shares of the company’s stock valued at $424,630,000 after acquiring an additional 2,346,788 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Capital Group Growth ETF by 14.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,407,693 shares of the company’s stock worth $423,073,000 after acquiring an additional 1,333,201 shares during the period. Finally, Raymond James Financial Inc. boosted its position in shares of Capital Group Growth ETF by 8.8% in the second quarter. Raymond James Financial Inc. now owns 8,464,909 shares of the company’s stock worth $344,099,000 after acquiring an additional 687,152 shares during the last quarter.

Capital Group Growth ETF Stock Performance

Capital Group Growth ETF stock opened at $44.46 on Friday. Capital Group Growth ETF has a 1 year low of $29.23 and a 1 year high of $45.83. The firm has a 50 day moving average price of $44.62 and a 200 day moving average price of $43.64. The company has a market cap of $19.65 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17.

Capital Group Growth ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were issued a dividend of $0.0424 per share. This represents a dividend yield of 19.0%. The ex-dividend date 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.