IAM Advisory LLC Has $28.02 Million Stock Position in Capital Group Growth ETF $CGGR

IAM Advisory LLC increased its position in Capital Group Growth ETF (NYSEARCA:CGGRFree Report) by 81.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 630,083 shares of the company’s stock after buying an additional 282,778 shares during the quarter. Capital Group Growth ETF accounts for approximately 6.2% of IAM Advisory LLC’s holdings, making the stock its 6th biggest position. IAM Advisory LLC’s holdings in Capital Group Growth ETF were worth $28,020,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of CGGR. Hazlett Burt & Watson Inc. raised its holdings in Capital Group Growth ETF by 806.5% during the third quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock worth $25,000 after buying an additional 500 shares during the last quarter. Atlantic Union Bankshares Corp bought 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 stake in shares of Capital Group Growth ETF in the 3rd quarter worth about $25,000. Triumph Capital Management bought a new position in Capital Group Growth ETF in the 3rd quarter valued at about $29,000. Finally, Fifth Third Bancorp boosted its stake in Capital Group Growth ETF by 285.9% during the 3rd quarter. Fifth Third Bancorp now owns 683 shares of the company’s stock valued at $30,000 after purchasing an additional 506 shares during the last quarter.

Capital Group Growth ETF Stock Down 2.0%

Shares of Capital Group Growth ETF stock opened at $40.52 on Friday. The company has a market cap of $17.95 billion, a PE ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 52 week low of $29.23 and a 52 week high of $45.83. The business has a 50 day moving average price of $43.39 and a 200-day moving average price of $43.86.

Capital Group Growth ETF Dividend Announcement

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

Capital Group Growth ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding CGGR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Growth ETF (NYSEARCA:CGGRFree Report).

Institutional Ownership by Quarter for Capital Group Growth ETF (NYSEARCA:CGGR)

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