Ameriflex Group Inc. Increases Holdings in Capital Group Growth ETF $CGGR

Ameriflex Group Inc. increased its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 737.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,420 shares of the company’s stock after buying an additional 13,579 shares during the quarter. Ameriflex Group Inc.’s holdings in Capital Group Growth ETF were worth $677,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Capital Group Growth ETF Stock Down 1.7%

Capital Group Growth ETF stock opened at $42.29 on Friday. The firm has a fifty day simple moving average of $43.99 and a two-hundred day simple moving average of $43.87. Capital Group Growth ETF has a twelve month low of $29.23 and a twelve month high of $45.83. The company has a market capitalization of $18.73 billion, a PE ratio of 30.88 and a beta of 1.17.

Capital Group Growth ETF Announces Dividend

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

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.