Atlas Legacy Advisors LLC Increases Stock Position in Capital Group Growth ETF $CGGR

Atlas Legacy Advisors LLC grew its holdings in Capital Group Growth ETF (NYSEARCA:CGGR) by 52.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,468 shares of the company’s stock after purchasing an additional 22,140 shares during the quarter. Atlas Legacy Advisors LLC’s holdings in Capital Group Growth ETF were worth $2,830,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of CGGR. Meridian Wealth Management LLC grew its holdings in Capital Group Growth ETF by 0.4% during the 2nd 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. Prosperity Financial Group Inc. lifted its position in shares of Capital Group Growth ETF by 4.5% in the second quarter. Prosperity Financial Group Inc. now owns 6,525 shares of the company’s stock valued at $265,000 after acquiring an additional 281 shares in the last quarter. Visionary Wealth Advisors boosted its stake 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 valued at $512,000 after acquiring an additional 358 shares during the last quarter. Trilogy Capital Inc. boosted its stake 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 valued at $546,000 after acquiring an additional 367 shares during the last quarter. Finally, Signature Wealth Management Group increased its position in Capital Group Growth ETF by 2.3% during the 2nd quarter. Signature Wealth Management Group now owns 16,339 shares of the company’s stock worth $664,000 after purchasing an additional 367 shares in the last quarter.

Capital Group Growth ETF Trading Up 1.1%

Shares of CGGR stock opened at $44.82 on Friday. The company has a market capitalization of $19.55 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The firm has a 50-day moving average price of $44.32 and a 200 day moving average price of $43.45. Capital Group Growth ETF has a twelve month low of $29.23 and a twelve month high of $45.83.

Capital Group Growth ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were given a $0.0424 dividend. This represents a dividend yield of 19.0%. The ex-dividend date of this dividend was Friday, December 26th.

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.