Processus Wealth & Capital Management LLC Acquires Shares of 11,759 Capital Group Growth ETF $CGGR

Processus Wealth & Capital Management LLC bought a new stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 11,759 shares of the company’s stock, valued at approximately $516,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CGGR. Goldman Sachs Group Inc. lifted its position in 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 valued at $10,954,000 after acquiring an additional 203,151 shares during the period. Woodmont Investment Counsel LLC grew its holdings in Capital Group Growth ETF by 13.6% in the second quarter. Woodmont Investment Counsel LLC now owns 31,719 shares of the company’s stock worth $1,289,000 after purchasing an additional 3,791 shares during the period. DAVENPORT & Co LLC increased its stake in shares of Capital Group Growth ETF by 7.8% during the second quarter. DAVENPORT & Co LLC now owns 380,279 shares of the company’s stock valued at $15,458,000 after purchasing an additional 27,606 shares in the last quarter. Confluence Wealth Services Inc. lifted its holdings in shares of Capital Group Growth ETF by 3.9% during the second quarter. Confluence Wealth Services Inc. now owns 950,466 shares of the company’s stock valued at $38,636,000 after purchasing an additional 35,374 shares during the last quarter. Finally, SteelPeak Wealth LLC lifted its holdings in shares of Capital Group Growth ETF by 3.6% during the second quarter. SteelPeak Wealth LLC now owns 23,907 shares of the company’s stock valued at $972,000 after purchasing an additional 830 shares during the last quarter.

Capital Group Growth ETF Stock Up 0.2%

Capital Group Growth ETF stock opened at $44.54 on Tuesday. The company has a market capitalization of $20.12 billion, a P/E ratio of 30.88 and a beta of 1.17. The stock’s 50 day moving average is $44.65 and its 200 day moving average is $43.68. 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 business also recently announced a dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were paid 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.