Continuum Advisory LLC Grows Stock Position in Capital Group Growth ETF $CGGR

Continuum Advisory LLC lifted its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 20.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 137,854 shares of the company’s stock after acquiring an additional 23,235 shares during the period. Continuum Advisory LLC’s holdings in Capital Group Growth ETF were worth $6,055,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC boosted its stake in Capital Group Growth ETF by 6.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 12,435,851 shares of the company’s stock worth $505,517,000 after purchasing an additional 758,297 shares during the last quarter. Bank of America Corp DE raised its position in shares of Capital Group Growth ETF by 0.6% in the second quarter. Bank of America Corp DE now owns 11,478,224 shares of the company’s stock valued at $466,590,000 after buying an additional 72,811 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Capital Group Growth ETF by 29.0% in the second 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 in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in 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 worth $423,073,000 after acquiring an additional 1,333,201 shares during the last quarter. Finally, Raymond James Financial Inc. grew its stake in Capital Group Growth ETF by 8.8% during the 2nd quarter. Raymond James Financial Inc. now owns 8,464,909 shares of the company’s stock valued at $344,099,000 after acquiring an additional 687,152 shares in the last quarter.

Capital Group Growth ETF Trading Down 0.6%

CGGR stock opened at $44.86 on Tuesday. The firm has a 50-day moving average of $44.16 and a two-hundred day moving average of $42.85. Capital Group Growth ETF has a 12 month low of $29.23 and a 12 month high of $45.83. The company has a market cap of $17.97 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17.

Capital Group Growth ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were given 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.