HighTower Advisors LLC Has $19.92 Million Stock Position in Capital Group Growth ETF $CGGR

HighTower Advisors LLC raised its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 36.7% in the third quarter, according to its most recent filing with the SEC. The firm owned 453,474 shares of the company’s stock after purchasing an additional 121,680 shares during the quarter. HighTower Advisors LLC owned approximately 0.11% of Capital Group Growth ETF worth $19,917,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. grew its position in shares of Capital Group Growth ETF by 174.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 319,824 shares of the company’s stock worth $10,954,000 after buying an additional 203,151 shares during the period. Cullen Frost Bankers Inc. grew its holdings in Capital Group Growth ETF by 29.3% in the second quarter. Cullen Frost Bankers Inc. now owns 66,449 shares of the company’s stock worth $2,701,000 after purchasing an additional 15,066 shares during the period. Brookstone Capital Management grew its holdings in Capital Group Growth ETF by 14.9% in the second quarter. Brookstone Capital Management now owns 147,489 shares of the company’s stock worth $5,995,000 after purchasing an additional 19,155 shares during the period. Freedom Investment Management Inc. bought a new stake in Capital Group Growth ETF in the second quarter valued at $417,000. Finally, Prosperity Financial Group Inc. raised its holdings in shares of Capital Group Growth ETF by 4.5% during the second quarter. Prosperity Financial Group Inc. now owns 6,525 shares of the company’s stock valued at $265,000 after purchasing an additional 281 shares during the period.

Capital Group Growth ETF Price Performance

Shares of CGGR opened at $43.04 on Friday. Capital Group Growth ETF has a one year low of $29.23 and a one year high of $45.83. The company has a market cap of $19.07 billion, a PE ratio of 30.88 and a beta of 1.17. The stock has a 50-day moving average of $44.32 and a 200-day moving average of $43.79.

Capital Group Growth ETF Announces Dividend

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

Capital Group Growth ETF 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.