Vawter Financial Ltd. Grows Position in Capital Group Growth ETF $CGGR

Vawter Financial Ltd. raised its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 2,697.4% in the 3rd quarter, Holdings Channel.com reports. The fund owned 161,159 shares of the company’s stock after buying an additional 155,398 shares during the period. Capital Group Growth ETF makes up approximately 3.2% of Vawter Financial Ltd.’s portfolio, making the stock its 10th largest position. Vawter Financial Ltd.’s holdings in Capital Group Growth ETF were worth $7,078,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in CGGR. Melone Private Wealth LLC acquired a new position in shares of Capital Group Growth ETF during the 3rd quarter worth approximately $637,000. WESPAC Advisors LLC bought a new stake in Capital Group Growth ETF during the third quarter worth $545,000. Ergawealth Advisors Inc. lifted its stake in Capital Group Growth ETF by 5.1% in the third quarter. Ergawealth Advisors Inc. now owns 668,167 shares of the company’s stock valued at $29,346,000 after acquiring an additional 32,438 shares during the last quarter. DAVENPORT & Co LLC grew its position in shares of Capital Group Growth ETF by 16.7% in the 3rd quarter. DAVENPORT & Co LLC now owns 443,697 shares of the company’s stock valued at $19,487,000 after acquiring an additional 63,418 shares during the period. Finally, Founders Financial Alliance LLC increased its stake in shares of Capital Group Growth ETF by 1,656.5% during the 3rd quarter. Founders Financial Alliance LLC now owns 116,142 shares of the company’s stock worth $5,101,000 after purchasing an additional 109,530 shares during the last quarter.

Capital Group Growth ETF Stock Performance

Shares of CGGR stock opened at $42.93 on Wednesday. Capital Group Growth ETF has a 52-week low of $29.23 and a 52-week high of $45.83. The stock has a market cap of $19.02 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The firm’s 50-day moving average is $44.25 and its 200-day moving average is $43.85.

Capital Group Growth ETF Dividend Announcement

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

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.