Capital Group Growth ETF $CGGR is Everpar Advisors LLC’s 7th Largest Position

Everpar Advisors LLC increased its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 14.2% during the third quarter, Holdings Channel.com reports. The institutional investor owned 121,291 shares of the company’s stock after buying an additional 15,119 shares during the quarter. Capital Group Growth ETF accounts for about 2.1% of Everpar Advisors LLC’s investment portfolio, making the stock its 7th biggest holding. Everpar Advisors LLC’s holdings in Capital Group Growth ETF were worth $5,327,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Commonwealth Equity Services LLC lifted its position in Capital Group Growth ETF by 6.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 12,435,851 shares of the company’s stock worth $505,517,000 after acquiring an additional 758,297 shares during the period. Bank of America Corp DE boosted its stake in shares of Capital Group Growth ETF by 0.6% in the second quarter. Bank of America Corp DE now owns 11,478,224 shares of the company’s stock worth $466,590,000 after buying an additional 72,811 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Capital Group Growth ETF by 29.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,446,012 shares of the company’s stock valued at $424,630,000 after purchasing an additional 2,346,788 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in Capital Group Growth ETF by 14.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,407,693 shares of the company’s stock worth $423,073,000 after acquiring an additional 1,333,201 shares during the period. Finally, Raymond James Financial Inc. increased its stake in Capital Group Growth ETF by 8.8% during the 2nd quarter. Raymond James Financial Inc. now owns 8,464,909 shares of the company’s stock worth $344,099,000 after buying an additional 687,152 shares in the last quarter.

Capital Group Growth ETF Stock Down 0.1%

Shares of NYSEARCA CGGR opened at $45.12 on Friday. The firm has a 50-day simple moving average of $44.15 and a 200-day simple moving average of $42.78. The stock has a market capitalization of $18.08 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 52 week low of $29.23 and a 52 week high of $45.83.

Capital Group Growth ETF Announces Dividend

The business also recently disclosed a dividend, which will be paid on Monday, December 29th. Shareholders of record on Friday, December 26th will be paid a dividend of $0.0424 per share. The ex-dividend date of this dividend is Friday, December 26th. This represents a 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.