Oak Hill Wealth Advisors LLC Boosts Position in Capital Group Growth ETF $CGGR

Oak Hill Wealth Advisors LLC grew its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 56.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,969 shares of the company’s stock after buying an additional 14,052 shares during the period. Oak Hill Wealth Advisors LLC’s holdings in Capital Group Growth ETF were worth $1,712,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Goldman Sachs Group Inc. increased its holdings in Capital Group Growth ETF by 174.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 319,824 shares of the company’s stock worth $10,954,000 after acquiring an additional 203,151 shares during the period. Park Avenue Securities LLC grew its position in shares of Capital Group Growth ETF by 15.2% during the 2nd quarter. Park Avenue Securities LLC now owns 25,103 shares of the company’s stock valued at $1,020,000 after purchasing an additional 3,310 shares in the last quarter. Cora Capital Advisors LLC increased its holdings in shares of Capital Group Growth ETF by 52.5% in the second quarter. Cora Capital Advisors LLC now owns 9,932 shares of the company’s stock worth $404,000 after purchasing an additional 3,418 shares during the period. Magnus Financial Group LLC increased its holdings in shares of Capital Group Growth ETF by 12.2% in the second quarter. Magnus Financial Group LLC now owns 113,674 shares of the company’s stock worth $4,621,000 after purchasing an additional 12,340 shares during the period. Finally, Kerntke Otto McGlone Wealth Management Group raised its position in shares of Capital Group Growth ETF by 32.5% in the second quarter. Kerntke Otto McGlone Wealth Management Group now owns 22,383 shares of the company’s stock worth $910,000 after buying an additional 5,494 shares in the last quarter.

Capital Group Growth ETF Stock Up 1.1%

Capital Group Growth ETF stock opened at $44.82 on Friday. The business has a 50-day simple moving average of $44.32 and a 200 day simple moving average of $43.45. Capital Group Growth ETF has a 52 week low of $29.23 and a 52 week high of $45.83. The stock has a market cap of $19.55 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17.

Capital Group Growth ETF Announces Dividend

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