Capital Group Growth ETF $CGGR Stake Increased by Adamsbrown Wealth Consultants LLC

Adamsbrown Wealth Consultants LLC increased its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 1.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,042,361 shares of the company’s stock after acquiring an additional 12,990 shares during the period. Capital Group Growth ETF makes up approximately 12.6% of Adamsbrown Wealth Consultants LLC’s portfolio, making the stock its biggest holding. Adamsbrown Wealth Consultants LLC’s holdings in Capital Group Growth ETF were worth $45,781,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Summit Investment Advisory Services LLC purchased a new position in shares of Capital Group Growth ETF in the 3rd quarter valued at about $33,066,000. KPP Advisory Services LLC acquired a new position in Capital Group Growth ETF during the third quarter worth about $6,696,000. National Wealth Management Group LLC increased its holdings in Capital Group Growth ETF by 45.2% in the third quarter. National Wealth Management Group LLC now owns 41,928 shares of the company’s stock valued at $1,841,000 after buying an additional 13,051 shares in the last quarter. OneAscent Financial Services LLC increased its holdings in Capital Group Growth ETF by 422.1% in the third quarter. OneAscent Financial Services LLC now owns 31,148 shares of the company’s stock valued at $1,368,000 after buying an additional 25,182 shares in the last quarter. Finally, Cullen Frost Bankers Inc. lifted its position in shares of Capital Group Growth ETF by 25.9% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 83,657 shares of the company’s stock valued at $3,674,000 after acquiring an additional 17,208 shares during the period.

Capital Group Growth ETF Price Performance

CGGR opened at $45.15 on Wednesday. Capital Group Growth ETF has a 1-year low of $29.23 and a 1-year high of $45.83. The stock has a market cap of $19.85 billion, a P/E ratio of 30.88 and a beta of 1.17. The stock’s 50 day simple moving average is $44.45 and its 200 day simple moving average is $43.58.

Capital Group Growth ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were given a $0.0424 dividend. 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.