Capital Group Growth ETF $CGGR Stake Lifted by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. raised its position in shares of Capital Group Growth ETF (NYSEARCA:CGGRFree Report) by 54.0% in the third quarter, HoldingsChannel reports. The firm owned 1,188,986 shares of the company’s stock after acquiring an additional 417,119 shares during the period. Capital Group Growth ETF comprises about 1.3% of Geneos Wealth Management Inc.’s investment portfolio, making the stock its 5th largest holding. Geneos Wealth Management Inc.’s holdings in Capital Group Growth ETF were worth $52,220,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Banco de Sabadell S.A purchased a new position in shares of Capital Group Growth ETF during the second quarter valued at $47,000. Trust Co. of Vermont bought a new position in Capital Group Growth ETF during the 2nd quarter worth about $51,000. Armstrong Advisory Group Inc. purchased a new position in Capital Group Growth ETF during the 3rd quarter valued at about $52,000. Beacon Capital Management LLC bought a new stake in shares of Capital Group Growth ETF in the 2nd quarter valued at about $77,000. Finally, WFA of San Diego LLC purchased a new stake in shares of Capital Group Growth ETF in the 2nd quarter worth approximately $81,000.

Capital Group Growth ETF Stock Performance

NYSEARCA CGGR opened at $45.00 on Tuesday. The company has a market cap of $19.27 billion, a PE ratio of 30.88 and a beta of 1.17. The firm’s 50 day moving average price is $44.15 and its 200-day moving average price is $43.05. Capital Group Growth ETF has a 52-week low of $29.23 and a 52-week high of $45.83.

Capital Group Growth ETF Dividend Announcement

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

Capital Group Growth ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding CGGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Growth ETF (NYSEARCA:CGGRFree Report).

Institutional Ownership by Quarter for Capital Group Growth ETF (NYSEARCA:CGGR)

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