NWF Advisory Services Inc. Has $3.85 Million Stake in Capital Group Growth ETF $CGGR

NWF Advisory Services Inc. decreased its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 26.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 87,661 shares of the company’s stock after selling 32,274 shares during the quarter. NWF Advisory Services Inc.’s holdings in Capital Group Growth ETF were worth $3,850,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of CGGR. Meridian Wealth Management LLC increased its stake in Capital Group Growth ETF by 0.4% in the 2nd quarter. Meridian Wealth Management LLC now owns 72,775 shares of the company’s stock valued at $2,958,000 after buying an additional 261 shares during the last quarter. Prosperity Financial Group Inc. increased its position in shares of Capital Group Growth ETF by 4.5% in the second quarter. Prosperity Financial Group Inc. now owns 6,525 shares of the company’s stock valued at $265,000 after acquiring an additional 281 shares during the last quarter. Hunter Associates Investment Management LLC raised its holdings in Capital Group Growth ETF by 1.6% during the third quarter. Hunter Associates Investment Management LLC now owns 19,414 shares of the company’s stock worth $853,000 after acquiring an additional 314 shares in the last quarter. Visionary Wealth Advisors boosted its position in Capital Group Growth ETF by 2.9% during the second quarter. Visionary Wealth Advisors now owns 12,601 shares of the company’s stock valued at $512,000 after purchasing an additional 358 shares during the last quarter. Finally, Trilogy Capital Inc. grew its stake in Capital Group Growth ETF by 2.8% in the second quarter. Trilogy Capital Inc. now owns 13,428 shares of the company’s stock valued at $546,000 after purchasing an additional 367 shares in the last quarter.

Capital Group Growth ETF Stock Up 0.2%

NYSEARCA:CGGR opened at $44.93 on Tuesday. Capital Group Growth ETF has a twelve month low of $29.23 and a twelve month high of $45.83. The firm has a market capitalization of $19.75 billion, a price-to-earnings ratio of 30.88 and a beta of 1.17. The stock’s 50 day moving average price is $44.40 and its two-hundred day moving average price is $43.55.

Capital Group Growth ETF Dividend Announcement

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

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.