Capital Group Growth ETF $CGGR Stake Raised by Truist Financial Corp

Truist Financial Corp grew its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGRFree Report) by 51.9% in the third quarter, according to its most recent filing with the SEC. The fund owned 796,539 shares of the company’s stock after acquiring an additional 272,112 shares during the period. Truist Financial Corp owned about 0.20% of Capital Group Growth ETF worth $34,984,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Banco de Sabadell S.A acquired a new position in shares of Capital Group Growth ETF during the 2nd quarter worth about $47,000. Armstrong Advisory Group Inc. acquired a new position in shares of Capital Group Growth ETF in the third quarter valued at approximately $52,000. Trust Co. of Vermont acquired a new stake in shares of Capital Group Growth ETF during the second quarter worth $51,000. WFA of San Diego LLC bought a new position in shares of Capital Group Growth ETF during the second quarter worth about $81,000. Finally, Mather Group LLC. bought a new stake in shares of Capital Group Growth ETF in the third quarter worth $121,000.

Capital Group Growth ETF Price Performance

Shares of NYSEARCA CGGR opened at $45.11 on Friday. The stock has a market capitalization of $19.93 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a fifty-two week low of $29.23 and a fifty-two week high of $45.83. The business has a 50-day moving average of $44.57 and a 200-day moving average of $43.60.

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 paid a dividend of $0.0424 per share. This represents a dividend yield of 19.0%. The ex-dividend date was Friday, December 26th.

Capital Group Growth ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Capital Group Growth ETF (NYSEARCA:CGGR)

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