Kintra Wealth LLC Boosts Stock Position in Capital Group Growth ETF $CGGR

Kintra Wealth LLC lifted its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 52.3% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 133,023 shares of the company’s stock after buying an additional 45,708 shares during the period. Kintra Wealth LLC’s holdings in Capital Group Growth ETF were worth $6,317,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Trademark Financial Management LLC grew its stake in Capital Group Growth ETF by 2.7% in the 1st quarter. Trademark Financial Management LLC now owns 9,178 shares of the company’s stock valued at $369,000 after acquiring an additional 242 shares during the period. Sapient Capital LLC lifted its holdings in Capital Group Growth ETF by 3.9% during the second quarter. Sapient Capital LLC now owns 6,730 shares of the company’s stock valued at $318,000 after purchasing an additional 250 shares in the last quarter. CFS Investment Advisory Services LLC grew its position in shares of Capital Group Growth ETF by 0.6% in the second quarter. CFS Investment Advisory Services LLC now owns 48,597 shares of the company’s stock valued at $2,261,000 after purchasing an additional 290 shares during the period. CoreCap Advisors LLC grew its position in shares of Capital Group Growth ETF by 5.8% in the second quarter. CoreCap Advisors LLC now owns 5,397 shares of the company’s stock valued at $255,000 after purchasing an additional 294 shares during the period. Finally, KMG Fiduciary Partners LLC grew its position in shares of Capital Group Growth ETF by 1.7% in the second quarter. KMG Fiduciary Partners LLC now owns 17,868 shares of the company’s stock valued at $843,000 after purchasing an additional 298 shares during the period.

Capital Group Growth ETF Stock Down 0.2%

CGGR stock opened at $47.18 on Friday. Capital Group Growth ETF has a 52 week low of $38.55 and a 52 week high of $48.02. The firm has a 50-day simple moving average of $46.38 and a 200-day simple moving average of $44.87. The stock has a market capitalization of $25.39 billion, a P/E ratio of 30.88 and a beta of 1.18.

Capital Group Growth ETF Dividend Announcement

The firm also recently announced a semiannual dividend, which was paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.0274 per share. This represents a yield of 12.0%. The ex-dividend date of this dividend was Tuesday, June 30th.

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.