Integrated Wealth Concepts LLC Purchases 17,507 Shares of Capital Group Growth ETF $CGGR

Integrated Wealth Concepts LLC grew its position in Capital Group Growth ETF (NYSEARCA:CGGR) by 10.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 190,242 shares of the company’s stock after purchasing an additional 17,507 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Capital Group Growth ETF were worth $8,979,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in CGGR. Morgan Stanley boosted its stake in Capital Group Growth ETF by 94.6% in the 4th quarter. Morgan Stanley now owns 26,878,644 shares of the company’s stock valued at $1,195,293,000 after purchasing an additional 13,065,920 shares during the period. LPL Financial LLC grew its holdings in Capital Group Growth ETF by 17.7% in the 4th quarter. LPL Financial LLC now owns 45,411,053 shares of the company’s stock valued at $2,019,429,000 after buying an additional 6,814,693 shares in the last quarter. Raymond James Financial Inc. increased its position in Capital Group Growth ETF by 31.7% during the 3rd quarter. Raymond James Financial Inc. now owns 11,144,965 shares of the company’s stock worth $489,487,000 after buying an additional 2,680,056 shares during the period. Wells Fargo & Company MN increased its position in Capital Group Growth ETF by 26.2% during the 4th quarter. Wells Fargo & Company MN now owns 12,423,660 shares of the company’s stock worth $552,480,000 after buying an additional 2,580,345 shares during the period. Finally, Advance Capital Management Inc. lifted its holdings in shares of Capital Group Growth ETF by 239.5% during the first quarter. Advance Capital Management Inc. now owns 2,860,148 shares of the company’s stock worth $114,949,000 after buying an additional 2,017,650 shares in the last quarter.

Capital Group Growth ETF Stock Performance

CGGR opened at $46.36 on Friday. The stock has a fifty day moving average of $46.38 and a 200-day moving average of $44.99. The company has a market capitalization of $24.95 billion, a P/E ratio of 30.88 and a beta of 1.18. Capital Group Growth ETF has a fifty-two week low of $38.55 and a fifty-two week high of $48.02.

Capital Group Growth ETF Dividend Announcement

The firm also recently declared a semiannual dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were given a dividend of $0.0274 per share. This represents a yield of 12.0%. The ex-dividend date of this dividend was Tuesday, June 30th.

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.