Swisher Financial Concepts Inc. Has $7.95 Million Stock Position in Capital Group Growth ETF $CGGR

Swisher Financial Concepts Inc. increased its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 8.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 181,051 shares of the company’s stock after acquiring an additional 13,340 shares during the quarter. Capital Group Growth ETF makes up 4.8% of Swisher Financial Concepts Inc.’s holdings, making the stock its 6th largest holding. Swisher Financial Concepts Inc.’s holdings in Capital Group Growth ETF were worth $7,952,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Envestnet Asset Management Inc. boosted its position in shares of Capital Group Growth ETF by 29.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,446,012 shares of the company’s stock valued at $424,630,000 after purchasing an additional 2,346,788 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Capital Group Growth ETF by 14.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,407,693 shares of the company’s stock worth $423,073,000 after buying an additional 1,333,201 shares during the period. Cetera Investment Advisers lifted its stake in Capital Group Growth ETF by 25.2% during the second quarter. Cetera Investment Advisers now owns 6,196,806 shares of the company’s stock valued at $251,900,000 after buying an additional 1,247,558 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in Capital Group Growth ETF by 49.3% during the first quarter. Jones Financial Companies Lllp now owns 3,322,912 shares of the company’s stock valued at $113,975,000 after buying an additional 1,097,272 shares in the last quarter. Finally, Great Valley Advisor Group Inc. boosted its holdings in shares of Capital Group Growth ETF by 1,086.2% in the second quarter. Great Valley Advisor Group Inc. now owns 1,093,942 shares of the company’s stock worth $44,468,000 after buying an additional 1,001,716 shares during the period.

Capital Group Growth ETF Price Performance

CGGR stock opened at $44.80 on Wednesday. Capital Group Growth ETF has a 52-week low of $29.23 and a 52-week high of $45.83. The company’s 50 day simple moving average is $44.17 and its 200-day simple moving average is $42.89. The firm has a market capitalization of $17.95 billion, a P/E ratio of 30.88 and a beta of 1.17.

Capital Group Growth ETF Announces Dividend

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

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.