Capital Group Growth ETF $CGGR is Greenbush Financial Group LLC’s 2nd Largest Position

Greenbush Financial Group LLC grew its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 5.1% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 517,488 shares of the company’s stock after acquiring an additional 25,074 shares during the period. Capital Group Growth ETF accounts for approximately 8.7% of Greenbush Financial Group LLC’s investment portfolio, making the stock its 2nd biggest holding. Greenbush Financial Group LLC’s holdings in Capital Group Growth ETF were worth $22,728,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in CGGR. Melone Private Wealth LLC acquired a new position in Capital Group Growth ETF during the third quarter worth $637,000. Ergawealth Advisors Inc. lifted its position in shares of Capital Group Growth ETF by 5.1% in the third quarter. Ergawealth Advisors Inc. now owns 668,167 shares of the company’s stock worth $29,346,000 after buying an additional 32,438 shares during the last quarter. DAVENPORT & Co LLC lifted its position in shares of Capital Group Growth ETF by 16.7% in the third quarter. DAVENPORT & Co LLC now owns 443,697 shares of the company’s stock worth $19,487,000 after buying an additional 63,418 shares during the last quarter. Johnson Bixby & Associates LLC boosted its stake in shares of Capital Group Growth ETF by 1.6% during the 3rd quarter. Johnson Bixby & Associates LLC now owns 1,345,920 shares of the company’s stock worth $59,113,000 after acquiring an additional 21,434 shares in the last quarter. Finally, Beacon Financial Group increased its holdings in shares of Capital Group Growth ETF by 21.6% during the 3rd quarter. Beacon Financial Group now owns 300,583 shares of the company’s stock valued at $13,202,000 after acquiring an additional 53,475 shares during the last quarter.

Capital Group Growth ETF Stock Performance

Shares of CGGR stock opened at $44.47 on Friday. The stock’s 50 day simple moving average is $44.17 and its 200 day simple moving average is $42.91. Capital Group Growth ETF has a twelve month low of $29.23 and a twelve month high of $45.83. The company has a market capitalization of $17.81 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17.

Capital Group Growth ETF Announces Dividend

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

Capital Group Growth ETF 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.