Capital Group Growth ETF $CGGR Stock Holdings Lifted by Orion Porfolio Solutions LLC

Orion Porfolio Solutions LLC raised its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 17.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 183,121 shares of the company’s stock after purchasing an additional 27,836 shares during the period. Orion Porfolio Solutions LLC’s holdings in Capital Group Growth ETF were worth $8,043,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in CGGR. Hazlett Burt & Watson Inc. lifted its stake in Capital Group Growth ETF by 806.5% in the third quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock valued at $25,000 after acquiring an additional 500 shares during the last quarter. Atlantic Union Bankshares Corp bought a new position in shares of Capital Group Growth ETF during the 3rd quarter valued at $25,000. New Millennium Group LLC acquired a new stake in shares of Capital Group Growth ETF in the 3rd quarter valued at $25,000. Fifth Third Bancorp boosted its holdings in Capital Group Growth ETF by 285.9% in the third quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock worth $30,000 after purchasing an additional 506 shares in the last quarter. Finally, Banco de Sabadell S.A bought a new stake in Capital Group Growth ETF in the second quarter worth $47,000.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA:CGGR opened at $42.29 on Friday. The business has a 50-day moving average of $43.99 and a two-hundred day moving average of $43.87. Capital Group Growth ETF has a fifty-two week low of $29.23 and a fifty-two week high of $45.83. The stock has a market capitalization of $18.73 billion, a P/E ratio of 30.88 and a beta of 1.17.

Capital Group Growth ETF Announces Dividend

The firm also recently declared 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. The ex-dividend date was Friday, December 26th. This represents a dividend yield of 19.0%.

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.