Capital Group Growth ETF $CGGR Shares Acquired by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC increased its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 10.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 200,218 shares of the company’s stock after purchasing an additional 19,113 shares during the period. Smartleaf Asset Management LLC owned 0.05% of Capital Group Growth ETF worth $8,788,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CGGR. Hazlett Burt & Watson Inc. lifted its stake in Capital Group Growth ETF by 806.5% in the third quarter. Hazlett Burt & Watson Inc. now owns 562 shares of the company’s stock valued at $25,000 after buying an additional 500 shares during the last quarter. Atlantic Union Bankshares Corp bought a new stake in Capital Group Growth ETF in the 3rd quarter valued at about $25,000. Banco de Sabadell S.A acquired a new position in Capital Group Growth ETF during the 2nd quarter valued at about $47,000. Armstrong Advisory Group Inc. bought a new position in Capital Group Growth ETF in the 3rd quarter worth about $52,000. Finally, Archer Investment Corp grew its position in Capital Group Growth ETF by 29.9% in the 3rd quarter. Archer Investment Corp now owns 1,715 shares of the company’s stock worth $75,000 after purchasing an additional 395 shares during the last quarter.

Capital Group Growth ETF Trading Up 2.2%

Shares of NYSEARCA:CGGR opened at $43.20 on Friday. The firm’s 50 day moving average is $44.57 and its two-hundred day moving average is $43.71. The firm has a market capitalization of $19.14 billion, a P/E ratio of 30.88 and a beta of 1.17. Capital Group Growth ETF has a 52 week low of $29.23 and a 52 week high of $45.83.

Capital Group Growth ETF Dividend Announcement

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

Capital Group Growth ETF Company 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.