Capital Group Growth ETF $CGGR Shares Bought by Adamsbrown Wealth Consultants LLC

Adamsbrown Wealth Consultants LLC grew its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 1.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,042,361 shares of the company’s stock after purchasing an additional 12,990 shares during the quarter. Capital Group Growth ETF makes up about 12.6% of Adamsbrown Wealth Consultants LLC’s portfolio, making the stock its biggest holding. Adamsbrown Wealth Consultants LLC owned 0.26% of Capital Group Growth ETF worth $45,781,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of CGGR. Summit Investment Advisory Services LLC purchased a new position in Capital Group Growth ETF during the third quarter worth approximately $33,066,000. KPP Advisory Services LLC purchased a new stake in Capital Group Growth ETF in the 3rd quarter worth $6,696,000. National Wealth Management Group LLC increased its stake in shares of Capital Group Growth ETF by 45.2% during the third quarter. National Wealth Management Group LLC now owns 41,928 shares of the company’s stock worth $1,841,000 after purchasing an additional 13,051 shares in the last quarter. OneAscent Financial Services LLC lifted its stake in Capital Group Growth ETF by 422.1% in the 3rd quarter. OneAscent Financial Services LLC now owns 31,148 shares of the company’s stock valued at $1,368,000 after buying an additional 25,182 shares in the last quarter. Finally, Cullen Frost Bankers Inc. lifted its stake in Capital Group Growth ETF by 25.9% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 83,657 shares of the company’s stock valued at $3,674,000 after buying an additional 17,208 shares in the last quarter.

Capital Group Growth ETF Trading Up 0.5%

NYSEARCA:CGGR opened at $45.15 on Wednesday. The firm has a market cap of $19.85 billion, a P/E ratio of 30.88 and a beta of 1.17. The stock has a 50 day moving average of $44.45 and a two-hundred day moving average of $43.58. Capital Group Growth ETF has a 12 month low of $29.23 and a 12 month high of $45.83.

Capital Group Growth ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were paid a dividend of $0.0424 per share. This represents a yield of 19.0%. The ex-dividend date of this dividend was Friday, December 26th.

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.