Capital Group Growth ETF $CGGR is Per Stirling Capital Management LLC.’s 5th Largest Position

Per Stirling Capital Management LLC. raised its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 24.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 545,583 shares of the company’s stock after acquiring an additional 106,262 shares during the period. Capital Group Growth ETF makes up approximately 2.9% of Per Stirling Capital Management LLC.’s holdings, making the stock its 5th largest holding. Per Stirling Capital Management LLC.’s holdings in Capital Group Growth ETF were worth $23,962,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in CGGR. Aptus Capital Advisors LLC raised its position in shares of Capital Group Growth ETF by 8.6% in the 3rd quarter. Aptus Capital Advisors LLC now owns 202,620 shares of the company’s stock worth $8,899,000 after acquiring an additional 16,009 shares in the last quarter. Integrity Advisory Solutions LLC bought a new stake in shares of Capital Group Growth ETF during the third quarter valued at approximately $14,174,000. Barclays PLC bought a new stake in shares of Capital Group Growth ETF during the third quarter valued at approximately $3,620,000. Perennial Investment Advisors LLC grew its stake in Capital Group Growth ETF by 11.0% in the third quarter. Perennial Investment Advisors LLC now owns 122,779 shares of the company’s stock worth $5,392,000 after purchasing an additional 12,148 shares during the period. Finally, Smith Moore & CO. grew its stake in Capital Group Growth ETF by 10.8% in the third quarter. Smith Moore & CO. now owns 264,465 shares of the company’s stock worth $11,615,000 after purchasing an additional 25,688 shares during the period.

Capital Group Growth ETF Trading Down 1.7%

CGGR opened at $42.29 on Friday. The company has a market cap of $18.73 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The stock has a fifty day simple moving average of $43.99 and a two-hundred day simple moving average of $43.87. Capital Group Growth ETF has a 12-month low of $29.23 and a 12-month high of $45.83.

Capital Group Growth ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were given 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 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.