Capital Group Growth ETF $CGGR Shares Purchased by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC raised its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 9.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 271,962 shares of the company’s stock after purchasing an additional 24,069 shares during the quarter. EverSource Wealth Advisors LLC owned about 0.07% of Capital Group Growth ETF worth $11,945,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Melone Private Wealth LLC acquired a new position in Capital Group Growth ETF in the 3rd quarter worth approximately $637,000. WESPAC Advisors LLC acquired a new stake in Capital Group Growth ETF during the 3rd quarter valued at approximately $545,000. Ergawealth Advisors Inc. boosted its holdings in shares of Capital Group Growth ETF by 5.1% in the 3rd quarter. Ergawealth Advisors Inc. now owns 668,167 shares of the company’s stock valued at $29,346,000 after acquiring an additional 32,438 shares during the last quarter. DAVENPORT & Co LLC increased its stake in shares of Capital Group Growth ETF by 16.7% in the third quarter. DAVENPORT & Co LLC now owns 443,697 shares of the company’s stock worth $19,487,000 after acquiring an additional 63,418 shares during the period. Finally, Founders Financial Alliance LLC raised its holdings in shares of Capital Group Growth ETF by 1,656.5% during the third quarter. Founders Financial Alliance LLC now owns 116,142 shares of the company’s stock worth $5,101,000 after purchasing an additional 109,530 shares during the last quarter.

Capital Group Growth ETF Price Performance

NYSEARCA CGGR opened at $42.57 on Tuesday. The company has a market capitalization of $18.86 billion, a PE ratio of 30.88 and a beta of 1.17. The company has a fifty day moving average of $44.27 and a 200 day moving average of $43.84. Capital Group Growth ETF has a 1 year low of $29.23 and a 1 year high of $45.83.

Capital Group Growth ETF Announces Dividend

The business also recently disclosed 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. The ex-dividend date was Friday, December 26th. This represents a dividend yield of 19.0%.

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.