Stephens Inc. AR Boosts Stock Holdings in Capital Group Growth ETF $CGGR

Stephens Inc. AR lifted its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 13.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 286,587 shares of the company’s stock after acquiring an additional 34,151 shares during the period. Stephens Inc. AR’s holdings in Capital Group Growth ETF were worth $12,587,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Meridian Wealth Management LLC boosted its stake in Capital Group Growth ETF by 0.4% during the 2nd quarter. Meridian Wealth Management LLC now owns 72,775 shares of the company’s stock valued at $2,958,000 after purchasing an additional 261 shares during the last quarter. Professional Financial Advisors LLC lifted its holdings in shares of Capital Group Growth ETF by 0.9% during the second quarter. Professional Financial Advisors LLC now owns 31,051 shares of the company’s stock valued at $1,262,000 after purchasing an additional 272 shares in the last quarter. Prosperity Financial Group Inc. boosted its position in shares of Capital Group Growth ETF by 4.5% during the second quarter. Prosperity Financial Group Inc. now owns 6,525 shares of the company’s stock valued at $265,000 after buying an additional 281 shares during the last quarter. Visionary Wealth Advisors boosted its position in shares of Capital Group Growth ETF by 2.9% during the second quarter. Visionary Wealth Advisors now owns 12,601 shares of the company’s stock valued at $512,000 after buying an additional 358 shares during the last quarter. Finally, Trilogy Capital Inc. increased its holdings in Capital Group Growth ETF by 2.8% in the 2nd quarter. Trilogy Capital Inc. now owns 13,428 shares of the company’s stock worth $546,000 after buying an additional 367 shares in the last quarter.

Capital Group Growth ETF Stock Performance

CGGR opened at $44.86 on Thursday. The stock has a market capitalization of $19.66 billion, a P/E ratio of 30.88 and a beta of 1.17. The company’s 50-day simple moving average is $44.22 and its two-hundred day simple moving average is $43.30. Capital Group Growth ETF has a 52-week low of $29.23 and a 52-week high of $45.83.

Capital Group Growth ETF Announces Dividend

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

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.