EverSource Wealth Advisors LLC Boosts Stock Position in Capital Group Growth ETF $CGGR

EverSource Wealth Advisors LLC lifted its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 9.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 271,962 shares of the company’s stock after purchasing an additional 24,069 shares during the period. EverSource Wealth Advisors LLC’s holdings in Capital Group Growth ETF were worth $11,945,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Meridian Wealth Management LLC grew its holdings in Capital Group Growth ETF by 0.4% in the 2nd quarter. Meridian Wealth Management LLC now owns 72,775 shares of the company’s stock valued at $2,958,000 after buying an additional 261 shares in the last quarter. Whipplewood Advisors LLC boosted its position in shares of Capital Group Growth ETF by 32.5% during the 3rd quarter. Whipplewood Advisors LLC now owns 1,065 shares of the company’s stock valued at $47,000 after acquiring an additional 261 shares during the last quarter. Hunter Associates Investment Management LLC boosted its position in shares of Capital Group Growth ETF by 1.6% during the 3rd quarter. Hunter Associates Investment Management LLC now owns 19,414 shares of the company’s stock valued at $853,000 after acquiring an additional 314 shares during the last quarter. Visionary Wealth Advisors grew its holdings in shares of Capital Group Growth ETF by 2.9% in the second quarter. Visionary Wealth Advisors now owns 12,601 shares of the company’s stock valued at $512,000 after purchasing an additional 358 shares during the period. Finally, Capital Management Associates Inc increased its position in Capital Group Growth ETF by 1.4% during the third quarter. Capital Management Associates Inc now owns 27,820 shares of the company’s stock worth $1,222,000 after purchasing an additional 390 shares during the last quarter.

Capital Group Growth ETF Price Performance

Shares of CGGR stock opened at $42.57 on Tuesday. The company has a market capitalization of $18.86 billion, a PE ratio of 30.88 and a beta of 1.17. The firm’s 50-day moving average is $44.27 and its two-hundred day moving average is $43.84. Capital Group Growth ETF has a 12 month low of $29.23 and a 12 month high of $45.83.

Capital Group Growth ETF Announces Dividend

The company also recently declared a dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were given a dividend of $0.0424 per share. This represents a dividend yield of 19.0%. The ex-dividend date of this dividend was Friday, December 26th.

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.