First Heartland Consultants Inc. Acquires 19,106 Shares of Capital Group Growth ETF $CGGR

First Heartland Consultants Inc. boosted its stake in Capital Group Growth ETF (NYSEARCA:CGGR) by 68.6% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 46,957 shares of the company’s stock after purchasing an additional 19,106 shares during the quarter. First Heartland Consultants Inc.’s holdings in Capital Group Growth ETF were worth $2,062,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Commonwealth Equity Services LLC lifted its position in shares of Capital Group Growth ETF by 2.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 12,707,821 shares of the company’s stock worth $558,128,000 after purchasing an additional 271,970 shares during the period. Envestnet Asset Management Inc. raised its stake in Capital Group Growth ETF by 15.4% in the third quarter. Envestnet Asset Management Inc. now owns 12,051,258 shares of the company’s stock worth $529,291,000 after buying an additional 1,605,246 shares in the last quarter. Bank of America Corp DE lifted its holdings in Capital Group Growth ETF by 0.6% in the second quarter. Bank of America Corp DE now owns 11,478,224 shares of the company’s stock worth $466,590,000 after buying an additional 72,811 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in Capital Group Growth ETF by 14.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,407,693 shares of the company’s stock valued at $423,073,000 after acquiring an additional 1,333,201 shares in the last quarter. Finally, Raymond James Financial Inc. grew its holdings in shares of Capital Group Growth ETF by 8.8% during the 2nd quarter. Raymond James Financial Inc. now owns 8,464,909 shares of the company’s stock worth $344,099,000 after acquiring an additional 687,152 shares during the period.

Capital Group Growth ETF Stock Performance

Shares of NYSEARCA:CGGR opened at $42.57 on Tuesday. The firm has a market capitalization of $18.86 billion, a P/E ratio of 30.88 and a beta of 1.17. The stock has a 50 day moving average price of $44.27 and a 200-day moving average price of $43.84. 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 company also recently disclosed a dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were issued a $0.0424 dividend. The ex-dividend date was Friday, December 26th. This represents a 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.