Financial Security Advisor Inc. Has $93.95 Million Stock Position in Capital Group Growth ETF $CGGR

Financial Security Advisor Inc. raised its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 1.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 2,139,082 shares of the company’s stock after acquiring an additional 22,990 shares during the period. Capital Group Growth ETF makes up 20.0% of Financial Security Advisor Inc.’s investment portfolio, making the stock its largest position. Financial Security Advisor Inc.’s holdings in Capital Group Growth ETF were worth $93,948,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Envestnet Asset Management Inc. boosted its holdings in Capital Group Growth ETF by 29.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,446,012 shares of the company’s stock worth $424,630,000 after buying an additional 2,346,788 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Capital Group Growth ETF by 14.7% in the second 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. Cetera Investment Advisers grew its position in shares of Capital Group Growth ETF by 25.2% in the second quarter. Cetera Investment Advisers now owns 6,196,806 shares of the company’s stock valued at $251,900,000 after purchasing an additional 1,247,558 shares in the last quarter. Merit Financial Group LLC raised its stake in shares of Capital Group Growth ETF by 474.3% during the 3rd quarter. Merit Financial Group LLC now owns 1,510,100 shares of the company’s stock valued at $66,324,000 after purchasing an additional 1,247,158 shares during the period. Finally, Great Valley Advisor Group Inc. lifted its holdings in Capital Group Growth ETF by 1,086.2% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 1,093,942 shares of the company’s stock worth $44,468,000 after purchasing an additional 1,001,716 shares in the last quarter.

Capital Group Growth ETF Stock Down 0.0%

Shares of NYSEARCA CGGR opened at $45.13 on Thursday. The company has a market cap of $19.84 billion, a P/E ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 52 week low of $29.23 and a 52 week high of $45.83. The business has a 50-day simple moving average of $44.50 and a two-hundred day simple moving average of $43.59.

Capital Group Growth ETF Dividend Announcement

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

Capital Group Growth ETF Company Profile

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.