119,561 Shares in Capital Group Growth ETF $CGGR Acquired by BNB Wealth Management LLC

BNB Wealth Management LLC purchased a new position in Capital Group Growth ETF (NYSEARCA:CGGR) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 119,561 shares of the company’s stock, valued at approximately $5,317,000. Capital Group Growth ETF comprises 3.4% of BNB Wealth Management LLC’s holdings, making the stock its 9th largest holding.

Several other institutional investors have also added to or reduced their stakes in CGGR. New Millennium Group LLC purchased a new position in shares of Capital Group Growth ETF in the 3rd quarter worth $25,000. Triumph Capital Management purchased a new position in shares of Capital Group Growth ETF in the 3rd quarter worth $29,000. Fifth Third Bancorp boosted its stake in shares of Capital Group Growth ETF by 285.9% in the 3rd quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock worth $30,000 after buying an additional 506 shares during the last quarter. Mark Sheptoff Financial Planning LLC raised its holdings in Capital Group Growth ETF by 88.7% in the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock worth $47,000 after purchasing an additional 500 shares during the period. Finally, Provenance Wealth Advisors LLC bought a new position in Capital Group Growth ETF in the 3rd quarter worth $60,000.

Capital Group Growth ETF Stock Performance

Shares of Capital Group Growth ETF stock opened at $46.09 on Thursday. The stock’s fifty day moving average is $45.34 and its 200 day moving average is $44.10. The stock has a market cap of $22.91 billion, a P/E ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a one year low of $38.49 and a one year high of $48.02.

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.