NWF Advisory Services Inc. Buys 22,739 Shares of Capital Group Growth ETF $CGGR

NWF Advisory Services Inc. increased its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 20.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 131,676 shares of the company’s stock after acquiring an additional 22,739 shares during the quarter. NWF Advisory Services Inc.’s holdings in Capital Group Growth ETF were worth $6,215,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CGGR. LPL Financial LLC lifted its holdings in Capital Group Growth ETF by 17.7% during the fourth quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock valued at $2,019,429,000 after purchasing an additional 6,814,693 shares in the last quarter. Morgan Stanley increased its stake in shares of Capital Group Growth ETF by 94.6% in the fourth quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock worth $1,195,293,000 after purchasing an additional 13,065,920 shares in the last quarter. Capital Group Private Client Services Inc. increased its stake in shares of Capital Group Growth ETF by 2.5% in the fourth quarter. Capital Group Private Client Services Inc. now owns 24,026,194 shares of the company’s stock worth $1,068,445,000 after purchasing an additional 585,780 shares in the last quarter. Bank of America Corp DE raised its position in shares of Capital Group Growth ETF by 10.3% during the 1st quarter. Bank of America Corp DE now owns 14,193,836 shares of the company’s stock valued at $570,450,000 after purchasing an additional 1,320,686 shares during the period. Finally, Commonwealth Equity Services LLC raised its position in shares of Capital Group Growth ETF by 3.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 13,193,475 shares of the company’s stock valued at $586,714,000 after purchasing an additional 485,654 shares during the period.

Capital Group Growth ETF Stock Performance

CGGR opened at $47.28 on Friday. The stock has a market cap of $25.44 billion, a price-to-earnings ratio of 30.88 and a beta of 1.18. The firm’s fifty day moving average is $46.35 and its 200 day moving average is $44.85. Capital Group Growth ETF has a fifty-two week low of $38.55 and a fifty-two week high of $48.02.

Capital Group Growth ETF Announces Dividend

The firm also recently declared a semiannual dividend, which was paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.0274 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a yield of 12.0%.

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.