Capital Group Growth ETF $CGGR is Burford Brothers Inc.’s 7th Largest Position

Burford Brothers Inc. decreased its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 5.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 185,703 shares of the company’s stock after selling 11,600 shares during the quarter. Capital Group Growth ETF comprises about 3.5% of Burford Brothers Inc.’s holdings, making the stock its 7th largest position. Burford Brothers Inc.’s holdings in Capital Group Growth ETF were worth $8,156,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CGGR. Meridian Wealth Management LLC raised its position in shares of Capital Group Growth ETF by 0.4% in the second quarter. Meridian Wealth Management LLC now owns 72,775 shares of the company’s stock valued at $2,958,000 after buying an additional 261 shares during the last quarter. Professional Financial Advisors LLC raised its holdings in Capital Group Growth ETF by 0.9% in the 2nd quarter. Professional Financial Advisors LLC now owns 31,051 shares of the company’s stock valued at $1,262,000 after acquiring an additional 272 shares during the last quarter. Prosperity Financial Group Inc. lifted its stake in shares of Capital Group Growth ETF by 4.5% during the 2nd quarter. Prosperity Financial Group Inc. now owns 6,525 shares of the company’s stock worth $265,000 after purchasing an additional 281 shares during the period. Visionary Wealth Advisors boosted its holdings in shares of Capital Group Growth ETF by 2.9% during the second quarter. Visionary Wealth Advisors now owns 12,601 shares of the company’s stock worth $512,000 after purchasing an additional 358 shares during the last quarter. Finally, Trilogy Capital Inc. boosted its holdings in shares of Capital Group Growth ETF by 2.8% during the second quarter. Trilogy Capital Inc. now owns 13,428 shares of the company’s stock worth $546,000 after purchasing an additional 367 shares during the last quarter.

Capital Group Growth ETF Stock Down 0.1%

Shares of NYSEARCA:CGGR opened at $45.40 on Thursday. The company has a market cap of $19.44 billion, a P/E ratio of 30.88 and a beta of 1.17. The business has a fifty day simple moving average of $44.14 and a 200-day simple moving average of $43.11. Capital Group Growth ETF has a 52 week low of $29.23 and a 52 week high of $45.83.

Capital Group Growth ETF Dividend Announcement

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