Assetmark Inc. Has $16.14 Million Stock Position in Capital Group Growth ETF $CGGR

Assetmark Inc. grew its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 94.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 367,501 shares of the company’s stock after acquiring an additional 178,589 shares during the quarter. Assetmark Inc. owned 0.09% of Capital Group Growth ETF worth $16,141,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of CGGR. Whipplewood Advisors LLC raised its stake in shares of Capital Group Growth ETF by 32.5% in the third quarter. Whipplewood Advisors LLC now owns 1,065 shares of the company’s stock valued at $47,000 after purchasing an additional 261 shares in the last quarter. Atria Investments Inc raised its stake in shares of Capital Group Growth ETF by 17.9% in the 3rd quarter. Atria Investments Inc now owns 116,422 shares of the company’s stock valued at $5,113,000 after buying an additional 17,660 shares in the last quarter. Savvy Advisors Inc. bought a new position in shares of Capital Group Growth ETF during the 3rd quarter worth about $444,000. Nicholson Meyer Capital Management Inc. boosted its position in shares of Capital Group Growth ETF by 5.3% during the 3rd quarter. Nicholson Meyer Capital Management Inc. now owns 102,835 shares of the company’s stock valued at $4,517,000 after acquiring an additional 5,165 shares in the last quarter. Finally, Stratos Wealth Partners LTD. increased its stake in Capital Group Growth ETF by 47.2% in the third quarter. Stratos Wealth Partners LTD. now owns 117,465 shares of the company’s stock valued at $5,159,000 after acquiring an additional 37,674 shares during the period.

Capital Group Growth ETF Stock Up 0.3%

NYSEARCA:CGGR opened at $42.65 on Friday. Capital Group Growth ETF has a 12-month low of $29.23 and a 12-month high of $45.83. The firm has a market capitalization of $18.89 billion, a PE ratio of 30.88 and a beta of 1.17. The firm has a 50-day moving average price of $44.46 and a 200 day moving average price of $43.77.

Capital Group Growth ETF Announces Dividend

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