Wealth Enhancement Advisory Services LLC Buys 30,774 Shares of Capital Group Growth ETF $CGGR

Wealth Enhancement Advisory Services LLC raised its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 1.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,062,976 shares of the company’s stock after purchasing an additional 30,774 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.52% of Capital Group Growth ETF worth $91,142,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CGGR. Banco de Sabadell S.A acquired a new stake in Capital Group Growth ETF in the 2nd quarter valued at approximately $47,000. Trust Co. of Vermont bought a new stake in Capital Group Growth ETF during the second quarter worth about $51,000. Armstrong Advisory Group Inc. bought a new position in Capital Group Growth ETF in the third quarter valued at approximately $52,000. Beacon Capital Management LLC acquired a new position in shares of Capital Group Growth ETF during the 2nd quarter worth approximately $77,000. Finally, WFA of San Diego LLC bought a new stake in shares of Capital Group Growth ETF during the 2nd quarter worth approximately $81,000.

Capital Group Growth ETF Stock Performance

CGGR traded down $0.77 during trading hours on Tuesday, reaching $44.13. The company’s stock had a trading volume of 429,234 shares, compared to its average volume of 3,542,667. The company’s 50-day moving average is $44.29 and its 200-day moving average is $43.41. Capital Group Growth ETF has a 52 week low of $29.23 and a 52 week high of $45.83. The firm has a market cap of $19.22 billion, a PE ratio of 30.88 and a beta of 1.17.

Capital Group Growth ETF Announces Dividend

The company also recently announced 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 of this dividend was Friday, December 26th. This represents a dividend yield of 19.0%.

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.