Sagespring Wealth Partners LLC Acquires 31,972 Shares of Capital Group Growth ETF $CGGR

Sagespring Wealth Partners LLC lifted its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 5.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 609,684 shares of the company’s stock after buying an additional 31,972 shares during the period. Sagespring Wealth Partners LLC owned about 0.15% of Capital Group Growth ETF worth $26,777,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of CGGR. Banco de Sabadell S.A bought a new stake in Capital Group Growth ETF during the second quarter worth about $47,000. Trust Co. of Vermont acquired a new position in shares of Capital Group Growth ETF during the 2nd quarter worth approximately $51,000. Armstrong Advisory Group Inc. acquired a new position in shares of Capital Group Growth ETF during the 3rd quarter worth approximately $52,000. Beacon Capital Management LLC bought a new stake in shares of Capital Group Growth ETF during the 2nd quarter worth approximately $77,000. Finally, WFA of San Diego LLC acquired a new stake in shares of Capital Group Growth ETF in the 2nd quarter valued at approximately $81,000.

Capital Group Growth ETF Trading Up 0.1%

NYSEARCA:CGGR opened at $44.86 on Friday. The stock has a market capitalization of $19.69 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 1-year low of $29.23 and a 1-year high of $45.83. The firm has a fifty day simple moving average of $44.35 and a 200 day simple moving average of $43.50.

Capital Group Growth ETF Announces Dividend

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 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.