Capital Group Growth ETF $CGGR Shares Bought by Bellevue Asset Management LLC

Bellevue Asset Management LLC increased its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 8.8% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 252,261 shares of the company’s stock after purchasing an additional 20,459 shares during the quarter. Capital Group Growth ETF accounts for 5.1% of Bellevue Asset Management LLC’s portfolio, making the stock its 3rd largest position. Bellevue Asset Management LLC owned 0.05% of Capital Group Growth ETF worth $10,138,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. LPL Financial LLC grew its stake in shares of Capital Group Growth ETF by 17.7% during the fourth quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock valued at $2,019,429,000 after acquiring an additional 6,814,693 shares in the last quarter. Morgan Stanley lifted its stake in shares of Capital Group Growth ETF by 94.6% in the fourth quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock worth $1,195,293,000 after acquiring an additional 13,065,920 shares in the last quarter. Capital Group Private Client Services Inc. boosted its holdings in Capital Group Growth ETF by 2.5% in the fourth quarter. Capital Group Private Client Services Inc. now owns 24,026,194 shares of the company’s stock valued at $1,068,445,000 after purchasing an additional 585,780 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in Capital Group Growth ETF by 3.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 13,193,475 shares of the company’s stock valued at $586,714,000 after purchasing an additional 485,654 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in Capital Group Growth ETF by 11.5% in the third quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock valued at $562,219,000 after purchasing an additional 1,322,744 shares during the last quarter.

Capital Group Growth ETF Trading Down 0.3%

CGGR stock opened at $47.07 on Thursday. The firm has a 50 day simple moving average of $46.02 and a 200-day simple moving average of $44.24. The company has a market capitalization of $24.72 billion, a P/E ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a twelve month low of $38.55 and a twelve month 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.