Capital Group Private Client Services Inc. Has $1.03 Billion Position in Capital Group Growth ETF $CGGR

Capital Group Private Client Services Inc. raised its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 5.3% during the third quarter, according to its most recent filing with the SEC. The firm owned 23,440,414 shares of the company’s stock after purchasing an additional 1,178,520 shares during the period. Capital Group Growth ETF accounts for approximately 17.2% of Capital Group Private Client Services Inc.’s portfolio, making the stock its largest position. Capital Group Private Client Services Inc. owned 0.06% of Capital Group Growth ETF worth $1,029,503,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of CGGR. Goldman Sachs Group Inc. raised its stake in Capital Group Growth ETF by 174.1% during the first quarter. Goldman Sachs Group Inc. now owns 319,824 shares of the company’s stock worth $10,954,000 after buying an additional 203,151 shares during the last quarter. Bank of Montreal Can boosted its position in Capital Group Growth ETF by 12.9% during the second quarter. Bank of Montreal Can now owns 17,354 shares of the company’s stock valued at $705,000 after acquiring an additional 1,988 shares during the last quarter. Allworth Financial LP boosted its position in Capital Group Growth ETF by 0.9% during the second quarter. Allworth Financial LP now owns 141,489 shares of the company’s stock valued at $5,752,000 after acquiring an additional 1,280 shares during the last quarter. Nwam LLC grew its holdings 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 acquiring an additional 613 shares during the period. Finally, Cvfg LLC grew its holdings 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 acquiring an additional 670 shares during the period.

Capital Group Growth ETF Trading Up 1.4%

CGGR stock opened at $42.90 on Tuesday. The firm has a market cap of $19.00 billion, a PE ratio of 30.88 and a beta of 1.17. The stock has a 50-day moving average price of $43.95 and a 200-day moving average price of $43.91. Capital Group Growth ETF has a 1-year low of $29.23 and a 1-year high of $45.83.

Capital Group Growth ETF Announces Dividend

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

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.