Capital Group Growth ETF $CGGR Shares Bought by PFG Advisors

PFG Advisors boosted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 10.2% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 455,404 shares of the company’s stock after acquiring an additional 42,064 shares during the period. Capital Group Growth ETF comprises about 0.8% of PFG Advisors’ holdings, making the stock its 17th biggest holding. PFG Advisors owned 0.11% of Capital Group Growth ETF worth $20,001,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of CGGR. Goldman Sachs Group Inc. raised its position in shares of Capital Group Growth ETF by 174.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 319,824 shares of the company’s stock worth $10,954,000 after purchasing an additional 203,151 shares during the last quarter. Bank of Montreal Can lifted its stake in Capital Group Growth ETF by 12.9% in the 2nd quarter. Bank of Montreal Can now owns 17,354 shares of the company’s stock valued at $705,000 after buying an additional 1,988 shares in the last quarter. Allworth Financial LP boosted its holdings in Capital Group Growth ETF by 0.9% in the 2nd quarter. Allworth Financial LP now owns 141,489 shares of the company’s stock worth $5,752,000 after buying an additional 1,280 shares during the last quarter. Nwam LLC increased its stake in Capital Group Growth ETF by 3.0% during the 2nd quarter. Nwam LLC now owns 20,963 shares of the company’s stock worth $873,000 after buying an additional 613 shares in the last quarter. Finally, Cvfg LLC increased its stake in Capital Group Growth ETF by 9.5% during the 2nd quarter. Cvfg LLC now owns 7,725 shares of the company’s stock worth $314,000 after buying an additional 670 shares in the last quarter.

Capital Group Growth ETF Price Performance

Shares of Capital Group Growth ETF stock opened at $42.29 on Monday. The stock has a market capitalization of $18.73 billion, a P/E ratio of 30.88 and a beta of 1.17. The business has a 50 day simple moving average of $43.99 and a two-hundred day simple moving average of $43.90. Capital Group Growth ETF has a 12 month low of $29.23 and a 12 month high of $45.83.

Capital Group Growth ETF Announces Dividend

The company also recently declared 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. This represents a dividend yield of 19.0%. The ex-dividend date was Friday, December 26th.

Capital Group Growth ETF Company 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.