D.A. Davidson & CO. Increases Stake in Capital Group Growth ETF $CGGR

D.A. Davidson & CO. grew its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 3.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 839,196 shares of the company’s stock after acquiring an additional 30,184 shares during the quarter. D.A. Davidson & CO. owned about 0.19% of Capital Group Growth ETF worth $37,319,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in CGGR. Capital Group Private Client Services Inc. increased its stake in Capital Group Growth ETF by 5.3% in the 3rd quarter. Capital Group Private Client Services Inc. now owns 23,440,414 shares of the company’s stock worth $1,029,503,000 after buying an additional 1,178,520 shares during the period. Bank of America Corp DE increased its stake in Capital Group Growth ETF by 11.5% in the 3rd quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock worth $562,219,000 after buying an additional 1,322,744 shares during the period. Commonwealth Equity Services LLC increased its stake in Capital Group Growth ETF by 2.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 12,707,821 shares of the company’s stock worth $558,128,000 after buying an additional 271,970 shares during the period. Envestnet Asset Management Inc. increased its stake in Capital Group Growth ETF by 15.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 12,051,258 shares of the company’s stock worth $529,291,000 after buying an additional 1,605,246 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in Capital Group Growth ETF by 9.3% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 11,374,810 shares of the company’s stock worth $499,582,000 after acquiring an additional 967,117 shares in the last quarter.

Capital Group Growth ETF Price Performance

Shares of Capital Group Growth ETF stock opened at $44.56 on Monday. Capital Group Growth ETF has a 1 year low of $33.92 and a 1 year high of $45.83. The firm’s 50-day moving average is $42.29 and its two-hundred day moving average is $43.55. The stock has a market cap of $21.95 billion, a price-to-earnings ratio of 30.88 and a beta of 1.18.

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.