Threadgill Financial LLC Buys Shares of 16,084 Capital Group Growth ETF $CGGR

Threadgill Financial LLC purchased a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 16,084 shares of the company’s stock, valued at approximately $715,000.

Other large investors have also modified their holdings of the company. Raymond James Financial Inc. grew its holdings in Capital Group Growth ETF by 31.7% during the 3rd quarter. Raymond James Financial Inc. now owns 11,144,965 shares of the company’s stock valued at $489,487,000 after buying an additional 2,680,056 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Capital Group Growth ETF by 15.4% in the third quarter. Envestnet Asset Management Inc. now owns 12,051,258 shares of the company’s stock valued at $529,291,000 after acquiring an additional 1,605,246 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of Capital Group Growth ETF by 30.7% in the third quarter. Jones Financial Companies Lllp now owns 5,999,008 shares of the company’s stock valued at $261,802,000 after acquiring an additional 1,407,884 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Capital Group Growth ETF by 14.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,407,693 shares of the company’s stock valued at $423,073,000 after acquiring an additional 1,333,201 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Capital Group Growth ETF by 11.5% during the third quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock valued at $562,219,000 after acquiring an additional 1,322,744 shares during the last quarter.

Capital Group Growth ETF Trading Down 2.0%

Shares of CGGR stock opened at $40.52 on Monday. The company has a market capitalization of $17.95 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The firm has a 50-day moving average price of $43.39 and a 200 day moving average price of $43.88. Capital Group Growth ETF has a twelve month low of $29.23 and a twelve month high of $45.83.

Capital Group Growth ETF Dividend Announcement

The company 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 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.