Capital Group Growth ETF $CGGR Shares Sold by RFG Advisory LLC

RFG Advisory LLC cut its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 24.2% in the second quarter, HoldingsChannel.com reports. The firm owned 59,625 shares of the company’s stock after selling 19,001 shares during the quarter. RFG Advisory LLC’s holdings in Capital Group Growth ETF were worth $2,814,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CGGR. Triumph Capital Management purchased a new stake in Capital Group Growth ETF in the 3rd quarter valued at about $29,000. Parkside Financial Bank & Trust acquired a new stake in shares of Capital Group Growth ETF during the second quarter valued at about $33,000. Mark Sheptoff Financial Planning LLC increased its position in shares of Capital Group Growth ETF by 88.7% during the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 1,064 shares of the company’s stock valued at $47,000 after acquiring an additional 500 shares during the last quarter. Trust Co. of Vermont purchased a new stake in shares of Capital Group Growth ETF in the 2nd quarter valued at approximately $60,000. Finally, Beacon Financial Strategies CORP purchased a new stake in shares of Capital Group Growth ETF in the 2nd quarter valued at approximately $80,000.

Capital Group Growth ETF Stock Performance

Shares of CGGR stock opened at $46.36 on Friday. The firm has a market cap of $24.95 billion, a P/E ratio of 30.88 and a beta of 1.18. The firm’s 50 day moving average price is $46.38 and its 200-day moving average price is $44.99. Capital Group Growth ETF has a one year low of $38.55 and a one year high of $48.02.

Capital Group Growth ETF Dividend Announcement

The company also recently announced a semiannual dividend, which was paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 30th were given a $0.0274 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a yield of 12.0%.

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.