WJ Wealth Management LLC Makes New Investment in Capital Group Growth ETF $CGGR

WJ Wealth Management LLC bought a new stake in Capital Group Growth ETF (NYSEARCA:CGGR) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 150,828 shares of the company’s stock, valued at approximately $6,768,000. Capital Group Growth ETF accounts for about 2.9% of WJ Wealth Management LLC’s holdings, making the stock its 13th biggest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hazlett Burt & Watson Inc. boosted its position in shares of Capital Group Growth ETF by 806.5% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock worth $25,000 after acquiring an additional 500 shares in the last quarter. Atlantic Union Bankshares Corp bought a new position in Capital Group Growth ETF in the third quarter valued at approximately $25,000. New Millennium Group LLC acquired a new position in Capital Group Growth ETF during the third quarter valued at approximately $25,000. Triumph Capital Management acquired a new position in Capital Group Growth ETF during the third quarter valued at approximately $29,000. Finally, Fifth Third Bancorp lifted its stake in Capital Group Growth ETF by 285.9% during the third quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock worth $30,000 after purchasing an additional 506 shares during the last quarter.

Capital Group Growth ETF Stock Performance

Shares of CGGR stock opened at $42.23 on Wednesday. The stock’s fifty day moving average price is $43.65 and its two-hundred day moving average price is $43.91. The company has a market cap of $18.71 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a fifty-two week low of $29.23 and a fifty-two week high of $45.83.

Capital Group Growth ETF Announces Dividend

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

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.