Trueblood Wealth Management LLC Purchases 4,227 Shares of Capital Group Growth ETF (NYSEARCA:CGGR)

Trueblood Wealth Management LLC increased its position in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 64.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,824 shares of the company’s stock after purchasing an additional 4,227 shares during the period. Trueblood Wealth Management LLC’s holdings in Capital Group Growth ETF were worth $356,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of CGGR. Per Stirling Capital Management LLC. bought a new stake in Capital Group Growth ETF during the fourth quarter valued at about $1,928,000. Hoylecohen LLC lifted its holdings in Capital Group Growth ETF by 0.8% in the 4th quarter. Hoylecohen LLC now owns 550,215 shares of the company’s stock worth $15,533,000 after purchasing an additional 4,144 shares in the last quarter. Assetmark Inc. boosted its stake in Capital Group Growth ETF by 8.4% in the 4th quarter. Assetmark Inc. now owns 131,997 shares of the company’s stock worth $3,726,000 after purchasing an additional 10,180 shares during the period. Cambridge Investment Research Advisors Inc. grew its holdings in Capital Group Growth ETF by 8.7% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 2,356,834 shares of the company’s stock valued at $66,533,000 after buying an additional 189,619 shares in the last quarter. Finally, ORBA Wealth Advisors L.L.C. bought a new stake in shares of Capital Group Growth ETF during the fourth quarter valued at approximately $380,000.

Capital Group Growth ETF Stock Performance

Shares of NYSEARCA:CGGR opened at $32.92 on Thursday. The firm has a market cap of $5.60 billion, a price-to-earnings ratio of 28.99 and a beta of 1.22. The firm has a fifty day moving average price of $32.87 and a 200 day moving average price of $32.14. Capital Group Growth ETF has a fifty-two week low of $23.34 and a fifty-two week high of $34.10.

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.