Sagespring Wealth Partners LLC Grows Position in Capital Group Growth ETF $CGGR

Sagespring Wealth Partners LLC boosted its stake in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 4.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 638,044 shares of the company’s stock after acquiring an additional 28,360 shares during the period. Sagespring Wealth Partners LLC owned 0.15% of Capital Group Growth ETF worth $28,374,000 at the end of the most recent quarter.

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

Capital Group Growth ETF Price Performance

NYSEARCA CGGR opened at $40.52 on Friday. Capital Group Growth ETF has a 1-year low of $29.23 and a 1-year high of $45.83. The business has a 50 day simple moving average of $43.39 and a two-hundred day simple moving average of $43.86. The stock has a market capitalization of $17.95 billion, a PE ratio of 30.88 and a beta of 1.17.

Capital Group Growth ETF Dividend Announcement

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