Capital Group Growth ETF $CGGR Shares Acquired by Smith Moore & CO.

Smith Moore & CO. boosted its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 10.8% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 264,465 shares of the company’s stock after buying an additional 25,688 shares during the quarter. Capital Group Growth ETF makes up about 0.9% of Smith Moore & CO.’s holdings, making the stock its 23rd biggest position. Smith Moore & CO. owned about 0.07% of Capital Group Growth ETF worth $11,615,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of CGGR. Hazlett Burt & Watson Inc. lifted its holdings in Capital Group Growth ETF by 806.5% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock valued at $25,000 after purchasing an additional 500 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new stake in shares of Capital Group Growth ETF during the third quarter worth about $25,000. New Millennium Group LLC acquired a new position in shares of Capital Group Growth ETF in the third quarter valued at approximately $25,000. Fifth Third Bancorp lifted its stake in shares of Capital Group Growth ETF by 285.9% during the third quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock valued at $30,000 after buying an additional 506 shares during the period. Finally, Banco de Sabadell S.A acquired a new stake in Capital Group Growth ETF during the second quarter worth approximately $47,000.

Capital Group Growth ETF Stock Down 0.2%

Shares of Capital Group Growth ETF stock opened at $43.04 on Friday. Capital Group Growth ETF has a fifty-two week low of $29.23 and a fifty-two week high of $45.83. The business’s fifty day moving average is $44.05 and its two-hundred day moving average is $43.87. The firm has a market cap of $19.07 billion, a PE ratio of 30.88 and a beta of 1.17.

Capital Group Growth ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were paid a dividend of $0.0424 per share. The ex-dividend date was Friday, December 26th. This represents a yield of 19.0%.

About Capital Group Growth ETF

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.