Capital Group Growth ETF $CGGR Shares Purchased by Smith Moore & CO.

Smith Moore & CO. lifted its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 10.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 264,465 shares of the company’s stock after purchasing an additional 25,688 shares during the period. Capital Group Growth ETF comprises 0.9% of Smith Moore & CO.’s portfolio, making the stock its 23rd largest position. Smith Moore & CO.’s holdings in Capital Group Growth ETF were worth $11,615,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Meridian Wealth Management LLC lifted its holdings in Capital Group Growth ETF by 0.4% in the 2nd quarter. Meridian Wealth Management LLC now owns 72,775 shares of the company’s stock worth $2,958,000 after buying an additional 261 shares in the last quarter. Whipplewood Advisors LLC lifted its stake in shares of Capital Group Growth ETF by 32.5% in the third quarter. Whipplewood Advisors LLC now owns 1,065 shares of the company’s stock worth $47,000 after acquiring an additional 261 shares in the last quarter. Hunter Associates Investment Management LLC lifted its stake in shares of Capital Group Growth ETF by 1.6% in the third quarter. Hunter Associates Investment Management LLC now owns 19,414 shares of the company’s stock worth $853,000 after acquiring an additional 314 shares in the last quarter. Cvfg LLC boosted its holdings in Capital Group Growth ETF by 4.4% in the third quarter. Cvfg LLC now owns 8,064 shares of the company’s stock valued at $354,000 after purchasing an additional 339 shares during the last quarter. Finally, Visionary Wealth Advisors grew its stake in Capital Group Growth ETF by 2.9% during the 2nd quarter. Visionary Wealth Advisors now owns 12,601 shares of the company’s stock valued at $512,000 after purchasing an additional 358 shares in the last quarter.

Capital Group Growth ETF Trading Down 0.2%

Capital Group Growth ETF stock opened at $43.04 on Friday. Capital Group Growth ETF has a 52 week low of $29.23 and a 52 week high of $45.83. The stock has a market cap of $19.07 billion, a P/E ratio of 30.88 and a beta of 1.17. The stock has a 50 day moving average of $44.05 and a 200-day moving average of $43.87.

Capital Group Growth ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were paid a dividend of $0.0424 per share. The ex-dividend date was Friday, December 26th. This represents a 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.