Everpar Advisors LLC Increases Stock Holdings in Capital Group Growth ETF $CGGR

Everpar Advisors LLC grew its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 14.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 121,291 shares of the company’s stock after acquiring an additional 15,119 shares during the quarter. Capital Group Growth ETF comprises about 2.1% of Everpar Advisors LLC’s portfolio, making the stock its 7th biggest position. Everpar Advisors LLC’s holdings in Capital Group Growth ETF were worth $5,327,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Envestnet Asset Management Inc. boosted its position in Capital Group Growth ETF by 29.0% during the second quarter. Envestnet Asset Management Inc. now owns 10,446,012 shares of the company’s stock valued at $424,630,000 after purchasing an additional 2,346,788 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Capital Group Growth ETF by 14.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,407,693 shares of the company’s stock valued at $423,073,000 after buying an additional 1,333,201 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of Capital Group Growth ETF by 25.2% in the 2nd quarter. Cetera Investment Advisers now owns 6,196,806 shares of the company’s stock valued at $251,900,000 after buying an additional 1,247,558 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Capital Group Growth ETF by 49.3% in the 1st quarter. Jones Financial Companies Lllp now owns 3,322,912 shares of the company’s stock valued at $113,975,000 after buying an additional 1,097,272 shares in the last quarter. Finally, Great Valley Advisor Group Inc. grew its position in shares of Capital Group Growth ETF by 1,086.2% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 1,093,942 shares of the company’s stock worth $44,468,000 after buying an additional 1,001,716 shares during the last quarter.

Capital Group Growth ETF Stock Down 0.1%

NYSEARCA CGGR opened at $45.12 on Friday. Capital Group Growth ETF has a 52 week low of $29.23 and a 52 week high of $45.83. The company has a 50 day moving average price of $44.15 and a 200 day moving average price of $42.78. The firm has a market cap of $18.08 billion, a PE ratio of 30.88 and a beta of 1.17.

Capital Group Growth ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, December 29th. Stockholders of record on Friday, December 26th will be given a $0.0424 dividend. The ex-dividend date of this dividend is 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.