Capital Group Growth ETF $CGGR Shares Purchased by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC grew its holdings in shares of Capital Group Growth ETF (NYSEARCA:CGGR) by 109.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 43,912 shares of the company’s stock after buying an additional 22,971 shares during the quarter. Gateway Wealth Partners LLC’s holdings in Capital Group Growth ETF were worth $1,929,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Hazlett Burt & Watson Inc. increased its position in shares of Capital Group Growth ETF by 806.5% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock worth $25,000 after purchasing an additional 500 shares during the last quarter. Atlantic Union Bankshares Corp bought a new position in shares of Capital Group Growth ETF during the third quarter worth about $25,000. Banco de Sabadell S.A acquired a new position in Capital Group Growth ETF in the second quarter worth about $47,000. Armstrong Advisory Group Inc. bought a new stake in Capital Group Growth ETF in the third quarter valued at about $52,000. Finally, Archer Investment Corp increased its holdings in Capital Group Growth ETF by 29.9% in the third quarter. Archer Investment Corp now owns 1,715 shares of the company’s stock valued at $75,000 after buying an additional 395 shares during the last quarter.

Capital Group Growth ETF Trading Up 2.2%

CGGR stock opened at $43.20 on Monday. The stock’s 50 day simple moving average is $44.57 and its 200 day simple moving average is $43.73. Capital Group Growth ETF has a 12-month low of $29.23 and a 12-month high of $45.83. The firm has a market cap of $19.14 billion, a P/E ratio of 30.88 and a beta of 1.17.

Capital Group Growth ETF Dividend Announcement

The business also recently declared 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.