Mason Investment Advisory Services Inc. Raises Stock Position in Capital Group Growth ETF $CGGR

Mason Investment Advisory Services Inc. raised its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 6.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 256,963 shares of the company’s stock after acquiring an additional 16,543 shares during the quarter. Capital Group Growth ETF makes up about 0.6% of Mason Investment Advisory Services Inc.’s investment portfolio, making the stock its 11th biggest position. Mason Investment Advisory Services Inc. owned about 0.06% of Capital Group Growth ETF worth $11,286,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Diversify Wealth Management LLC raised its stake in Capital Group Growth ETF by 71.5% during the 3rd quarter. Diversify Wealth Management LLC now owns 12,951 shares of the company’s stock valued at $581,000 after purchasing an additional 5,398 shares during the period. Total Clarity Wealth Management Inc. boosted its stake in Capital Group Growth ETF by 5.4% in the 3rd quarter. Total Clarity Wealth Management Inc. now owns 134,989 shares of the company’s stock worth $5,929,000 after purchasing an additional 6,899 shares during the period. AlphaCore Capital LLC grew its holdings in Capital Group Growth ETF by 17.9% during the 3rd quarter. AlphaCore Capital LLC now owns 64,825 shares of the company’s stock valued at $2,847,000 after buying an additional 9,829 shares in the last quarter. Forge Financial Services LLC raised its position in shares of Capital Group Growth ETF by 5.6% during the third quarter. Forge Financial Services LLC now owns 143,868 shares of the company’s stock valued at $6,365,000 after buying an additional 7,613 shares during the last quarter. Finally, US Bancorp DE raised its position in shares of Capital Group Growth ETF by 348.5% during the third quarter. US Bancorp DE now owns 5,907 shares of the company’s stock valued at $259,000 after buying an additional 4,590 shares during the last quarter.

Capital Group Growth ETF Stock Performance

CGGR stock opened at $43.42 on Friday. The company’s fifty day moving average price is $44.24 and its 200-day moving average price is $43.84. 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 capitalization of $19.24 billion, a PE ratio of 30.88 and a beta of 1.17.

Capital Group Growth ETF Dividend Announcement

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

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.