Everpar Advisors LLC Reduces Position in Capital Group Growth ETF $CGGR

Everpar Advisors LLC trimmed its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 51.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 58,794 shares of the company’s stock after selling 62,497 shares during the period. Capital Group Growth ETF comprises 1.0% of Everpar Advisors LLC’s holdings, making the stock its 20th biggest holding. Everpar Advisors LLC’s holdings in Capital Group Growth ETF were worth $2,615,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CGGR. Raymond James Financial Inc. boosted its position in shares of Capital Group Growth ETF by 31.7% during the third quarter. Raymond James Financial Inc. now owns 11,144,965 shares of the company’s stock valued at $489,487,000 after buying an additional 2,680,056 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Capital Group Growth ETF by 15.4% in the third quarter. Envestnet Asset Management Inc. now owns 12,051,258 shares of the company’s stock worth $529,291,000 after buying an additional 1,605,246 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of Capital Group Growth ETF by 30.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 5,999,008 shares of the company’s stock worth $261,802,000 after acquiring an additional 1,407,884 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Capital Group Growth ETF by 14.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,407,693 shares of the company’s stock worth $423,073,000 after acquiring an additional 1,333,201 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in Capital Group Growth ETF by 11.5% during the 3rd quarter. Bank of America Corp DE now owns 12,800,968 shares of the company’s stock valued at $562,219,000 after acquiring an additional 1,322,744 shares during the period.

Capital Group Growth ETF Stock Down 2.0%

Shares of Capital Group Growth ETF stock opened at $40.52 on Friday. The stock’s fifty day moving average is $43.39 and its two-hundred day moving average is $43.86. The company has a market capitalization 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.

Capital Group Growth ETF Announces Dividend

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

Capital Group Growth ETF Company 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.