Capital Analysts LLC Increases Stock Position in Capital Group U.S. Small and Mid Cap ETF $CGMM

Capital Analysts LLC lifted its position in shares of Capital Group U.S. Small and Mid Cap ETF (NYSEARCA:CGMM) by 148.9% in the second quarter, HoldingsChannel reports. The institutional investor owned 45,195 shares of the company’s stock after purchasing an additional 27,038 shares during the period. Capital Analysts LLC’s holdings in Capital Group U.S. Small and Mid Cap ETF were worth $1,490,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Comerica Bank acquired a new position in Capital Group U.S. Small and Mid Cap ETF in the third quarter valued at $29,000. Raymond James Financial Inc. purchased a new stake in Capital Group U.S. Small and Mid Cap ETF during the second quarter valued at about $30,000. CIBC Private Wealth Group LLC acquired a new stake in Capital Group U.S. Small and Mid Cap ETF during the third quarter worth about $38,000. Harbor Investment Advisory LLC increased its stake in Capital Group U.S. Small and Mid Cap ETF by 20.0% during the first quarter. Harbor Investment Advisory LLC now owns 2,886 shares of the company’s stock worth $85,000 after acquiring an additional 480 shares during the last quarter. Finally, Continuum Advisory LLC acquired a new stake in Capital Group U.S. Small and Mid Cap ETF during the second quarter worth about $123,000.

Capital Group U.S. Small and Mid Cap ETF Price Performance

Capital Group U.S. Small and Mid Cap ETF stock opened at $31.73 on Friday. The company has a market cap of $3.12 billion, a price-to-earnings ratio of 21.71 and a beta of 0.83. Capital Group U.S. Small and Mid Cap ETF has a 12 month low of $26.80 and a 12 month high of $33.84. The stock’s 50-day moving average is $32.60 and its 200-day moving average is $31.62.

Capital Group U.S. Small and Mid Cap ETF Announces Dividend

The firm also recently announced a semiannual dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were given a dividend of $0.0401 per share. This represents a yield of 24.0%. The ex-dividend date of this dividend was Tuesday, June 30th.

About Capital Group U.S. Small and Mid Cap ETF

The Capital Group U.S. Small and Mid Cap ETF (CGMM) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, investing primarily in equity-type securities of small and mid-cap companies in the US. The fund aims for capital growth CGMM was launched on Jan 14, 2025 and is issued by Capital Group.